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3 years ago

What is the best option for Carmina as she purchases her dream home to enjoy for many years? (5 points)

Business

2 answers:

SOVA2 [1]3 years ago

5 0

Answer:

a fixed rate mortgage

bc is simply a loan in which the interest rate and monthly payment amount do not change over the life of the loan.

german3 years ago

3 0

Answer:

Applying for a fixed rate mortgage

Explanation:

A mortgage is a credit facility used to finance the acquisition of properties and homes. A mortgage allows one to borrow has a huge amount of money and spreads repayments over many years.

A fixed-rate mortgage charges a fixed interest rate throughout the life of the mortgage, unlike the ARM mortgage. In the fixed-rate mortgage, the monthly repayments are predictable and constant, which makes planning easy. Since Carmina plans to stay in her dream home for many years, a fixed-rate mortgage is ideal.

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<h3>What is the weighted-average contribution margin?</h3>

The weighted-average contribution margin shows the average amount that a group of products or services contribute to meet the fixed costs.

The weighted-average contribution margin can be computed as Aggregate sales - Aggregate variable expenses) ÷ Number of units sold.

<h3>Data and Calculations:</h3>

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1 year ago

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Answer and Explanation:

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In the given situation, the credit amount would be

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