Answer:
prime mortgage insurance (PMI) is an insurance that mortgage lenders require when borrowers make a down payment of less than 20% of the purchase price of the house.
We are not given any table, so I looked in the internet to find one that can be used as an example:
outstanding principal = $142,000 - 17% = $117,860
- mortgage term equal or less than 15 years
- base loan amount is less than $625,000
- loan to value ratio = 1 - down payment = 83%, which means it is ≤ 90%
- bps = 45
total yearly premium = principal x bps = $117,860 x 0.0045 = $530.47
monthly PMI payment = $530.47 / 12 months = $44.20
The CEO of Big Wheel Automotive is using market research
organizations for secondary data about the research problem that he is
experiencing. The market research is a way of having to gather information in
which is helpful for an organization or business in order to improve their own
and a way of having to target their consumers.
Answer:
C. the greater is the marginal productivity of labor relative to that of capital
Explanation:
An isoquant is a curve that shows all the combinations of inputs that yield the same level of output.
When adding one factor holding the other factor constant inevitably, leads to lower output levels, the isoquant must become steeper, as more capital is added instead of labour, and flatter when labour is added instead of capital. Returns to capital even decline.
The scale of measurement used here is an ordinal scale.
Ordinal scales ask participants to rate things like satisfaction, happiness, comfort. etc. The important thing to remember about this scale is that the order of the values matter the most. For example: we know that a 5 is better than a 1, but we are unsure of exactly how much better. This difference cannot be quantified or measured exactly. An easy way to remember this one is that ordinal sounds like "order" and that is what this measure is used for- putting things in order.
The most common form of ordinal measures is the Likert Scale. The question is an illustration of a Likert Scale.
Life without math cause math helps science out ,bills and taxes just calculating things overall involves math into it