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2 years ago

Which of these describes what can happen with an adjustable-rate mortgage?

Business

2 answers:

elixir [45]2 years ago

5 0

Answer:

The monthly mortgage payments go up or down from year to year.

Explanation:

olga55 [171]2 years ago

4 0

Answer:the answer is D

Explanation:

It goes up and down due to the adjustable rate of the mortgage

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Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality?

dimulka [17.4K]

C.
It’s personal anything personal goes down the rule of confidentiality

4 0

2 years ago

The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expe

Rom4ik [11]

Answer:

Net Income = $1,250

Explanation:

Benning Co.

Income Statement

For the Month Ended July 31, 2010

Particulars $ $

Revenues 6,000 (1)

Expenses:

Wages Expense 2,600 (2)

Supplies Expense 1,000 (3)

Utilities Expense 600

Insurance Expense 400

Depreciation Expense 150

Total expenses 4,750

Net Income $1,250

Note:

1. Revenues = 5,500 + 500 (Adjustment 5) = $6,000

Performed services not recorded will add.

2. Wages expense = $2,300 + 300 (Adjustment 3) = $2,600

Accrued wages not paid will add to the wages expense.

3. Supplies Expense = $1,200 - 200 (Adjustment 2) = $1,000

Supplies expense includes supplies on hand will decrease the supplies expense.

3 0

3 years ago

If national unemployment is at 15% the government should adopt ___ fiscal policy.

san4es73 [151]

Answer:

c. expansionary.

Explanation:

the goal of expansionary fiscal policy is to reduce unemployment. therefore the tools would be an increase in government spending and/or a decrease in taxes.

3 0

2 years ago

Today, you have two coins each of which is valued at $100. One coin is expected to appreciate by 5.2 percent annually while the

ziro4ka [17]

Answer:

=$337.43

Explanation:

The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.

The formula for future value is FV = PV × (1+r)n

For the first coin at 5.2 percent,

Fv = 100 x ( 1 + 5.2/100 ) 50

Fv =100 x (1+ 0.052) 50

Fv = 100 x 12. 61208795

Fv = $1,261. 21

For the second coin at 5.7 percent,

Fv = 100 x (1 + 5.7 /100)50

Fv =100 x (1 + 0.057 )50

Fv = 100 x 15.98

Fv = 1, 598. 64

the difference in value will be

=$1598.64 - $1,261.21

=$337.43

6 0

3 years ago

Explain how consumer and producer surplus affect economic well-being. When the price of a good or service is – enough, it will e

horrorfan [7]

Answer:

the general welfare will be the sum of consumer surplus and producer surplus.

Explanation:

The consumer and producer surplus assessment serves to measure the overall efficiency of the market, which in turn is associated with overall well-being. An efficient market is one in which both consumers and producers have the incentive to negotiate and effect trade.

Consumer surplus is the difference between the amount he or she is willing to pay and how much he or she actually pays for the product. This surplus is positive when the amount paid is less than the amount for which the consumer would be willing to pay.

Similarly, the producer's surplus is the difference between the market price and the price at which the seller is willing to produce and sell. When the producer's surplus is positive, it means that he sells the product for a price higher than the minimum value that would stimulate him to produce.

Thus, the general welfare will be the sum of consumer surplus and producer surplus.

4 0

3 years ago