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ella [17]
3 years ago
11

Karen and Al obtained a 30-year fixed-rate, fully amortized loan when they purchased their home. Which statement is true

Business
1 answer:
murzikaleks [220]3 years ago
5 0

Based on the information given regarding the mortgage, the true statement will be that each of their payments is for the same amount.

A fully amortized payment simply means a payment where the individual makes every payment according to the schedule of the loan.

A fully amortized payment is a periodic repayment of a debt. Since Karen and Al obtained a 30-year fixed-rate fully amortized loan when they purchased their home, they'll pay the same amount monthly.

Learn more about mortgage on:

brainly.com/question/1318711

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Which of the following stocks is less risky? Stock Average Return Standard Deviation Coefficient of Variation X 10% 40% 4 Y 20%
Lesechka [4]

Answer:

Stock X has a CV of 4 while Stock Y has a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.

Explanation:

The coefficient of variation is a statistical model which is also used to determine the volatility per unit of a factor. In terms of a stock, the coefficient of variation calculates the volatility of its return. It is calculated by dividing the stock's standard deviation, which is a measure of risk, by the stock's mean return or expected return.

CV = SD / r

Where,

  • CV is coefficient of variation
  • SD is standard deviation
  • r is expected return

The CV of a stock tells us the risk per unit of return. The higher the CV, the riskier the stock and vice versa.

Stock X has a CV of 4 while Stock Y has  a CV of 2. As stock Y has a lower CV than Stock X, it is less riskier.

5 0
3 years ago
The ____ shows an organization's profit over a period of time.
icang [17]
Your answer should be -Income statement.
4 0
3 years ago
Read 2 more answers
When you graduate from college, your mother plans to give you a gift of $70,000 to start you on your way. However, to determine
son4ous [18]

Answer:

C. A lump sum of $70,000 today.

Explanation:

C.- Because the if the cash is received today then you will don't have to discounted at all.

The other option puts the 70,00 in the future, so the present value will always be lower than 70,000 today under normal condition.

5 0
3 years ago
The research and development team of BB Beverages has discovered that, during the testing process, one of their highly profitabl
jok3333 [9.3K]

Answer: Societal Marketing

Explanation:

Based on the information given in the question, we can deduce that BB Beverages embraces a societal marketing orientation.

Societal marketing orientation occurs when the marketing decisions that are made by companies benefutbthe society as a whole and that the satisfaction of their wants isn't at the detriment of the society.

This is shown when the activities of the company can being about a water shortage in areas surrounding the plant which led to the company stopping production.

4 0
3 years ago
Suppose that you want to recreate shulte's study in the great wicomico river and make nine reef complexes as shown above. you wo
anyanavicka [17]

Answer:

The best sampling protocol to be used here include <em><u>Random Sampling approach</u></em> to select sites on different reef types from several of the reef complexes.

Explanation:

Random sampling is a part of the sampling technique in which each sample has an equal probability of being chosen.

Simple random sampling is most appropriate when the entire population from which the sample is taken is homogeneous. The sample here is Oyster Density.

Another justification for the use of Random sampling is the size of the population. We are talking about nine reef complexes here. The advantages of a simple random sample include its ease of use and its accurate representation of the larger population.

Cheers!

5 0
3 years ago
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