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Mice21 [21]
3 years ago
13

What is the new 2021 conforming loan limit for 1-4 family homes?

Business
1 answer:
dolphi86 [110]3 years ago
7 0
Conforming Loan Limits Increase By 18% in 2021 for the Year Ahead.
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TRUE OR FALSE?
oksian1 [2.3K]

Hi, these are your answers:-

1. When you pay back a loan, you only have to pay the principle amount that was borrowed. <em><u>False.</u></em>

<em>Brief answer:- You have to pay Compound interest and tax also.</em>

2. A budget is a financial plan<em>.</em><em> </em><em><u>True</u></em>

Hope it helps you...

Answered by Benjemin ☺️

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5 0
3 years ago
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Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer l
Serhud [2]

Answer:

A service guarantee is a way to avoid compensating customers for a service failure.

Explanation:

4 0
3 years ago
______ - _____ property is any property such as clothing, a home, or a car, that is for purposes OTHER THAN use in a trade, busi
abruzzese [7]

Answer:

Personal-use

Personal

Real

Explanation:

There are three types of properties which are shown below:

1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.

2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building,  etc as per the needs.

3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.

6 0
4 years ago
For policymakers the problem with a recessionary gap is _____ and the problem with an expansionary gap is _____.
Verizon [17]

Answer:

The correct answer is option B.

Explanation:

A recessionary gap implies that the resources are not being fully utilized. This means resources are being wasted.  

An expansionary gap, on the other hand, means that the economy is producing at more than potential level. The price level at this point is high. There is a tendency for inflation to develop in this situation.  

To curb the recessionary gap the economy can adopt the expansionary fiscal and monetary policy. While to curb expansionary gap, contractionary monetary and fiscal policy can be adopted.

4 0
4 years ago
Describe the method of write off?
FrozenT [24]
I need more details to answer this
8 0
3 years ago
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