1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
3 years ago
12

The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a

real estate transaction such as termite inspectors or flood insurance agents on policies not escrowed. B. installment contracts of residential property for investment. C. all first lien residential mortgages for the purchase of one to four-family homes or condominiums for investment or occupancy. D. all residential mortgages for occupancy only.
Business
1 answer:
ad-work [718]3 years ago
8 0

Answer:

D. all residential mortgages for occupancy only.

Explanation:

  • The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.
You might be interested in
A 30-year U.S. Treasury bond has a 4.0 percent interest rate. In contrast, a 10-year Treasury note has an interest rate of 2.5 p
iVinArrow [24]

Answer:

1.0 percent

Explanation:

Expected real rate of return can be described as the proportion of the annual return or profit from an investment after deducting inflation.

The purpose of the real rate of return is to show the accurate and actual purchasing power of a certain sum of money over a period of time.

An investor can therefore know what is the real return of a nominal return when the nominal interest is adjusted for inflation.

From the question, we have:

Interest rate on 10-year Treasury note = 2.5 percent

Expected Inflation = 1.5 percent

Therefore, the expected real rate of return on the 10-year Treasury note is derived by subtracting the 1.5 percent expected Inflation from the 2.5 percent interest rate on 10-year Treasury note as follows:

Expected real rate of return on the 10-year Treasury note = 2.5 - 1.5

                                                                                                = 1.0 percent

Therefore, the expected real rate of return on the 10-year U.S. Treasury note is 1.0 percent.

All the best.

4 0
3 years ago
The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures =  15 years

redeem =  $1,000

solution

we apply here formula that is

amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

(1+r)^{15} = \frac{1000}{715}

solve it we get

r = 0.022617

so rate is 2.25 %

7 0
2 years ago
Marigold Corp. reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactu
Stels [109]

Answer:

=$854,000

Explanation:

The cost of goods sold is the expense incurred by a manufacturing firm when making goods to be sold to customers. It is calculated using the formula.

Cost of goods sold = Beginning Stock plus purchases/ cost of goods manufactured minus  ending stock

Marigold Corp:

Beginning stock: $162,000

Ending stock: $174,000

cost of goods manufactured, $866000;

cost of goods sold =

$162,000 + 866,000 -$174,000

=$854,000

7 0
3 years ago
In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post entitled ?How to live on $36,000
Maksim231197 [3]

Answer:

$4,267,059

Explanation:

to determine the equivalent amount of money between 1924 and 2008, we must divide the 2008 CPI by the 1924 CPI, and then multiply by $36,000:

= (2015 / 17) x $36,000 = 118.53 x $36,000 = $4,267,059

The consumer price index measures the weighted price of basket of goods . It is useful for calculating inflation and comparing how the purchasing value of the US dollar has decreased in time. Basically what this shows us, is that $1 in 1924 would purchase the same amount of goods as $118.53 in 2008.

8 0
3 years ago
The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory ov
lesantik [10]

Answer:

$26,000 adverse variance

Explanation:

Fixed Overheads Volume Variance = Budgeted Overheads at Actual Output - Budgeted Fixed Overheads

                                                             = $1.30 x 60,000 hours - $1.30 x 80,000

                                                             = $78,000 - $104,000

                                                             = $26,000 adverse variance

The fixed factory overhead volume variance is $26,000 adverse variance

7 0
3 years ago
Other questions:
  • A relatively inflexible compensation system is , which determines the value of the jobs employees hold rather than paying indivi
    15·1 answer
  • Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2994 3.3406 Eur
    8·1 answer
  • Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
    12·1 answer
  • WACKO Ltd. has $30 million in debt, equity of $55 million, an after-tax cost of debt of 6 percent, a cost of equity of 9 percent
    14·1 answer
  • An employer establishes a physical exercise area in the workplace and encourages all employees to use it. This is an example of
    15·1 answer
  • Differentiate organizing from organization
    9·2 answers
  • Each day, Tasty Tortilla Company incurs total costs of $8,000 to process flour into tortillas. The company can then sell the tor
    5·1 answer
  • What should a firm do to minimize cost​
    13·1 answer
  • Compared to rail transportation, one of the advantages of shipping by truck is that trucks
    10·1 answer
  • An individual who achieves ___ through other people by the use of organizational power is a manager.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!