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steposvetlana [31]
2 years ago
10

What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovati

on ideas payment terms.
Business
2 answers:
Leviafan [203]2 years ago
6 0

Answer:

A loan amount,

Interest rate

Payment terms

Explanation:

HACTEHA [7]2 years ago
4 0

The things which people who are taking out a mortgage<em> </em><em>must agree to </em>are:

  • A loan amount,
  • Interest rate
  • Payment terms

According to the given question, we are asked to state the things which people who are taking out a mortgage<em> </em><em>must agree to </em>and why they are essential for obtaining this loan.

As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.

Read more about mortgage loans here:

brainly.com/question/10006215

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In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and depreciation expense of $178,000.
Firdavs [7]

Answer:

3.5

Explanation:

Computation for the firm’s times interest earned ratio

Revenues$ 2.95 million

Cost of goods sold$ 2.45 million

Depreciation expense$ 178,000.00

Book values of Debt outstanding$ 1.15 million

Interest rate8.00

First step is to calculate for the EBIT

Using this formula

EBIT= Revenues -(Cost of goods sold +Depreciation expense$ 178,000.00)

EBIT=$2,950,000-($2,450,000+$178,000)

EBIT=$2,950,000- $2,628,000

EBIT=$322,000

Second step is to find the Interest

Using this formula

Interest =Debt outstanding with book value ×Interest rate

Let plug in the formula

Interest =$1,150,000×8%

Interest =$92,000

Now let find the firm’s times interest earned ratio

Using this formula

Firm’s times interest earned ratio=EBIT/INTEREST

Where,

EBIT=$322,000

INTEREST=$92,000

Let plug in the formula

Firm’s times interest earned ratio=$322,000/$92,000

Firm’s times interest earned ratio =3.5

Therefore the firm’s times interest earned ratio will be 3.5

7 0
3 years ago
What factors are involved when there is an interaction between a person and an experience?
olganol [36]

Answer:

The correct answer is letter "A": sociocultural factors.

Explanation:

Sociocultural factors represent the behavior of societies in different matters and how they can affect individuals. They are mainly driven by the difference among people in the same community and how they interact. Those factors could be <em>religion, ethnicity, </em>and <em>culture</em> to mention a few.

5 0
3 years ago
Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of s
cestrela7 [59]

Answer:

Income elasticity of demand for snarfblatts is 1.

Explanation:

the consumer spends 20% of the income on snarfblatts, thus the percentage change in consumption of the snaerblatts is equal to the percentage in income, that is:

Elasticity = % change in demand of snarfblatts/% change in income

               = 1

Therefore, Income elasticity of demand for snarfblatts is 1.

6 0
3 years ago
Suppose that DiamlerChrysler is considering changing its production operations from an assembly line in which each employee adds
denis-greek [22]

Answer:

Sequential interdependence on the line to pooled interdependence between the teams

Explanation:

Sequential interdependence occurs when a persons output is necessary for the performance of the next persons input. Perhaps the most obvious example of sequential interdependence is an assembly line.

While pooled interdependence he team accomplishes its tasks simply by bringing together everyone’s separate efforts. Like in DamierChrystern when the team work together to build the total car with the team deciding whi does what task. To be a team you need a team task — it requires that members actively work with each other to accomplish it

4 0
3 years ago
Scott, a young professional, buys a new BMW, even though a Mercedes would have cost him less. Scott values the BMW brand. This i
ivanzaharov [21]

Answer:

The correct response will be "Paying a premium price ".

Explanation:

  • Each consumption has the fundamental economic intention of obtaining products that have the highest possible and the limit requirements at the lowest competitive prices.
  • And therefore, satisfied customers frequently ignore that instinct because some other manufacturer is still connected to something like the commodity.
5 0
3 years ago
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