The items that are considered low risk investments are bonds. Bonds are debt investments where an investor can loan to either the government or big corporations where they can borrow the funds for a specific time frame at a variable fix interest rate.
Private Mortgage Insurance (PMI) is an added insurance
policy that protects the lender if you are unable to pay your mortgage.
As a borrower, Lonette and Al should put down at least 20% so that they can
avoid paying PMI. Therefore,
Minimum down payment = 0.20 * $36,750
Minimum down payment = $7,350
<span>They should pay $7,350 to avoid paying PMI.</span>
Yes, it is indeed true. Without communication, people around the world may hate each other and will triggers into war because of non-communication. Communication is the best method of why people understand and gets understood. It is an act that conveys intended meanings or an act of expression. Communication can develop civilization.