The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.
<h3>What is Mortgage?</h3>
Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.
When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.
Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.
The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.
Learn more about Adjustable-Rate Mortgages here:
brainly.com/question/12345275
#SPJ1
Commercial document issued by a buyer to a seller as a means of formally requesting a credit <span>note</span>
Answer:
$823,000
Explanation:
To determine the net cash provided by operating activities using the indirect method we can use the following formula:
net cash flow = net income + depreciation expense - accounts receivable increase + inventory decrease - accounts payable decrease
net cash flow = $657,000 + $203,000 - $28,000 + $12,000 - $21,000 = $823,000
If accounts receivable decreased, then it would be added.
If inventories increased, then it would be subtracted.
If accounts payable increased, then it would be added.
Answer:
The right response is "4.102%".
Explanation:
Given:
Number of half years,
n =
=
Coupon per half years,
c =
=
Price,
pv = 949
Par value,
= 1000
Now,
The YTM will be:
=
=
= (%)
hence,
After tax cost of debt will be:
=
=
= (%)
Answer: dishonesty and dependence.
Explanation: