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3 years ago

What do balloon mortgage and ARM have in common?

Mathematics

2 answers:

Nina [5.8K]3 years ago

8 0

Answer:

Both are subject to current market rate after the initial rate period.

Step-by-step explanation:

VladimirAG [237]3 years ago

5 0

Answer:

In other respects, a balloon mortgage resembles an adjustable rate mortgage (ARM) with an initial rate period equal to the balloon period. A 7-year balloon, for example, is usually compared to a 7-year ARM. Both have a fixed-rate for 7 years, after which the rate will be adjusted.

Step-by-step explanation:

You might be interested in

The slope of the line whose equation is x + y = 6 is: -1 1 6

nadya68 [22]

Answer:

the slope of the line x+y = 6 is -1.

Step-by-step explanation:

slope = - coefficient of x

----------------------

coefficient of y

slope = -1 /1

slope = -1

7 0

3 years ago

jane loves animals. She has an equal number of beetles, birds and spiders as pets. Apart from human legs, there is a total of 27

kherson [118]

Answer:

16.875 spiders

Step-by-step explanation:

Given

Let

$B = Beetles$

$C = Birds$

$S = Spiders$

So, we have:

$B = C = S$ --- equal amounts

$6B + 2C + 8S = 270$ --- the legs

Required

The number of spider

Since she has an equal amount of B, C and S;

The expression can be written as:

$6B + 2C + 8S = 270$

$6S + 2S + 8S = 270$

$16S = 270$

Solve for S

$S = \frac{270}{16}$

$S = 16.875$

<em>The result of the solution does not represent real life situation because it it is not possible to have a fraction number of spider</em>

5 0

3 years ago

For Greta's birthday party, her parents ordered 6 pizzas. If they cut the pizzas into sixths, how many pieces will there be? Cho

saw5 [17]

Options aren't avaible

Answer:

(1 ÷ 1/6) * 6

36 pieces of pizza

Step-by-step explanation:

Given that :

Number of pizzas ordered = 6

Divisions per pizza = 1/6 ;

Hence, 1 full pizza is divided into 1 ÷ 1/6 = 1 * 6/1 = 6 pieces

6 * 1/6(1)

The total pieces of pizzas equals :

6 pieces per pizza * number of pizzas

6 * 6

= 36 pieces of pizza

4 0

3 years ago

Can someone help me with both these problems?? Thx!

Vanyuwa [196]

#9 is yes because 12 is double 6. 6+6=12 I don't know #10. Sorry!

3 0

3 years ago

There are 7 gallons of black paint available to motorola. If 5/9 gallons is used each run, How many runs can we paint?

nadya68 [22]

There are 7 gallons of black paint available to motorola. If 5/9 gallons is used each run. To find the amount of runs you can paint, you have to divide the total by the amount for each run.

$7 \div \frac{5}{9}$