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Vera_Pavlovna [14]
2 years ago
5

Greg and Joyce have an adjustable rate mortgage on their home. What is the key feature of this type of loan?

Business
1 answer:
vladimir1956 [14]2 years ago
6 0

Answer: Interest rate can vary

Explanation: Based on the description of Greg's and Joyce's mortgage loan, the key term is the adjustable nature of the loan used to finance the mortgage. Being adjustable simply means not fixated. Hence, the interest on the loan is bound to change throughout the entire period of the loan. This type of mortgage loans are called ADJUSTABLE RATE MORTGAGE or FLOATING mortgage. The change in the interest rate applied on the outstanding balance of is usually at intervals which could be annually, semianually or monthly basis as the case may be.

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Explanation:

regulates the flow of traffic entering freeways according to current traffic conditions.

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______________ knowledge refers to the entrepreneur's possession of information, technology, know-how, and skills that provide i
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The correct word for the blank space is: Market.

Explanation:

Market knowledge refers to the collection of information about the business and all its resources being offered to the market. It does not only help entrepreneurs to have a better understanding of what the firm is and what it can do but also allows them to improve the decisions they take to direct the business process towards the organizational goal.

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As part of your plan to lead the change effort to increase team productivity, you want to build momentum by generating short-ter
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3 years ago
Money demand is given by md/p = 1000 .2y - 1000i. given that p = 200, y = 2000, and i = .10, real money demand is equal to?
Marrrta [24]

The real money demand is equal to $2,60,000

Money demand/ P = 1000+0.2Y -1000i

Money demand/200= 1000+0.2(2000)-1000(0.1)= 1000+400-100

=1300

Money demand  /200 = 1300

Money demand  = $1300*200

= $2,60,000

Money demand is the demand for real cash balances as people hold onto money to purchase goods and services. The higher the price level, the more money you need to buy a certain amount of goods.

Learn more about Money demand here:brainly.com/question/24109874

#SPJ4

4 0
1 year ago
The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following
DaniilM [7]

Answer:

D. $155,600

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The calculations of the budgeted cash collections are shown below:

= June sales × sale month collection percentage + May sales × following month collection percentage  + April sales × second following month collection percentage

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Simply we multiplied the sales with the collection criteria

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