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2 years ago

What may be a concern if you have an adjustable rate mortgage (ARM)?

Business

2 answers:

kipiarov [429]2 years ago

8 0

Answer:

a. After the initial fixed rate period, your rate may increase.

Explanation:

An adjustable-rate mortgage (ARM) is a mortgage whose interest rate applied to the outstanding balance keeps changing throughout the loan's life. At the sign -up, the ARM will have a relatively long fixed-rate period before interest rates begin to change.

With the adjustable-rate mortgage, the lender is at liberty to change the interest rate after the lapse of a certain period. The interest rate will keep changing from time-to-time until the entire debt is paid. This type of mortgage usually starts with a low-interest rate, at times, below the market rates. Nonetheless, the interest rate can increase or decrease significantly over the life of the loan. A significant increase in the interest rate is a worry to customers.

love history [14]2 years ago

8 0

Answer:

Explanation:

edge

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Describe each term below and provide an example of a company (real or imagined) that uses this concept. Describe how it impacts

blagie [28]

Answer:

All are type of the computer systems.

Explanation:

A distributed processing system is a phase that is used to refers to refers to the variety of the computer systems and includes the compact processing and on the different systems and coordinates their actions by passing messages to each other.

The decentralized system is the transmission between the computer periodically and in limiting the daily communication and is opposite of the high sped and the data processing. The example of the decentralized system is the file-sharing through the scanner and the modern and the printers.

While that of the centralized system is the CPU and has a hosted computing system and distributed processing is through the database-centric architecture.

5 0

2 years ago

A common bracket can be purchased in large quantities for $0.67. The company can make the bracket at a variable cost of $0.41 by

Dominik [7]

Answer:

we recommnend to buy this bracket

Explanation:

The computation is shown below:

Given tyhat

Buying cost of the machine = $33,000 = x

x_1 = $0.67

And, x_2 = $0.41

Now the break even point is

X = x ÷ (x_1 - x_2)

= $33,000 ÷ ($0.67 - $0.41)

= 126,923 units

Therefore

Probability (Demand > Break even point)

= 1 - $\phi$ ($126,923 - 100,000) ÷ 10,000

= 1 - $\phi$ (2.69)

= 0.36%

where

$\phi$ = function of cumulative distribution of N (0,1)

Therefore the probability is that it makes economically the items would be lesser

Thus, we recommnend to buy this bracket

6 0

2 years ago

80 points! Please help!! You have been invited to give a speech at a local restaurant. The person who is hosting the event has a

lesya [120]

Answer:

I would think about what I could use to get my audiences attention and something that would be interesting for everyone so that everyone can learn something.

Explanation:

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2 years ago

True or false

AleksandrR [38]

Your answer is going to be true.

7 0

2 years ago

By going public, netflix encountered competition from the large, established firms wal-mart and blockbuster. What aspect of netf

jek_recluse [69]

The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

<h3>What does it mean to go public?</h3>

When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.

Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

Read more on going public here: brainly.com/question/4888786

#SPJ1

4 0

1 year ago