<span>b) With an adjustable rate mortgage, the interest rate always increases after the first five years
</span>
A static budget is<u> based on a range of activities</u>.
<h3>
What is static budget?</h3>
- An example of a budget that includes predicted values for inputs and outputs that are thought of before the period in question begins is a static budget.
- Even with changes in sales and production quantities, a static budget, which is a projection of revenues and expenses for a given period, stays the same.
- The figures from static budgets can, however, be very different from the real results as compared to those that are discovered after the fact.
- Accountants, finance experts, and management teams of businesses utilize static budgets to assess the financial success of a company over time.
- The static budget is meant to be constant throughout the time period, independent of changes that might have an impact on results.
To learn more static budget about with the given link
brainly.com/question/27426308
#SPJ4
Answer:
350
Explanation:
Add 9000 + 200 = 9200
Then you do 9550 - 9200 = 350