BUSINESS HIGH SCHOOL

According to the terms of the sample balloon payment mortgage, what will most likely occur at the end of the regular payment term? the remaining principal of $173,073 will be due immediately the interest rate will change to decrease the monthly payment the loan’s terms have all been met and it is paid in full the monthly payments will increase due to an increase in principal

Answers

Answer 1
Answer:

Answer:

A. the remaining principal of $173,073 will be due immediately

Explanation:

becuase im right

Answer 2
Answer:

Answer:the remaining principal of $173,073 will be due immediately

Related Questions

Wiring used by the Appliance Division of Kaufman Manufacturing is currently purchased from outside suppliers at a cost of $25 per unit. However, the same materials are available from the Electronic Division. The Electronic Division has unused capacity and can produce the materials needed by the Appliance Division at a variable cost of $20 per unit.Assume that a transfer price of $22 has been established and that 150,000 units of materials are transferred, with no reduction in the Electronic Division’s current sales.a. How much would Kaufman Manufacturing’s total operating income increase?
which strategy of corporate social responsibility meets economic, legal, and ethical responsibilities but not discretionary responsibilities?
HELP PLEASE DUE IN MINUTES MARKING BRAINLEIST
In the United States economy, few resources, goods, and services are allocated through markets.True False
Borrower Kathy has a starting balance of $150,000 at the beginning of January. She is being charged at 3.25% interest. Her total monthly payment for combined principal and interest is $640.50. How much of the first payment is the principal?1) $640.50 2) $844.64 3) $406.25 4) $234.25

An organization founded by businesses in a specific industry for the purpose of collaborating within the industry and advocating for their workers is called a(n):

Answers

Such organizations are made to encourage trade and collaboration between companies and they are known as Trade Associations. They exist between companies in the same niche and their goal is to improve the technologies and conditions of people who work in that specific industry.

C. Trade Association. (APEX)

When does allocative efficiency​ occur? A. Allocative efficiency occurs when a good or service is produced at the lowest possible cost.
B. Allocative efficiency occurs when an economy no longer relies on voluntary exchange.
C. Allocative efficiency occurs when an economy achieves equity.
D. Allocative efficiency occurs when production is in accordance with consumer preferences.

Answers

Answer:

D. Allocative efficiency occurs when production is in accordance with consumer preferences.

Explanation:

Allocative efficiency occurs where price equals marginal cost. Price equals the amount consumers willingly pay for a product, so allocative efficiency occurs where marginal utility = marginal cost

Final answer:

Allocative efficiency is achieved when goods and services are produced and distributed in accordance with what consumers demand or desire, ensuring optimal allocation of resources.

Explanation:

Allocative efficiency occurs when production is in accordance with consumer preferences. In other words, this economic principle is achieved when goods and services are distributed optimally in response to consumer demand—that is when the mix of goods produced represents what society most desires. For example, if consumers need more of good X and less of good Y, the economy should reallocate resources to produce more of good X and less of good Y to achieve allocative efficiency.

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How did utilitarians seek to modify laissez-faire ideas?

Answers

There are several ways in which utilitarians sought to modify laissez-faire ideas, bit here are the most important ones:
1. Wanted the government to step in to improve the hard lives of the working class
2. so that people could have more children

As the price of tickets rises from $250 to $300, the price elasticity of demand for business travelers is , and the price elasticity of demand for vacationers is , using the midpoint method. Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price.

Answers

Answer:

Price             Quantity demanded                   Quantity demanded

                     business travelers                      vacationers

$150                 2,100                                            1,000

$200                2,000                                             800

$250                1,900                                              600

$300                1,800                                              400

using the midpoint method:

  • price elasticity of demand for business travelers = {(1,900 - 1,800) / [(1,900 + 1,800) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (100 / 1,850) / (-50 / 275) = 0.054 / -0.182 = -0.3

  • price elasticity of demand for vacationers = {(600 - 400) / [(600 + 400) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (200 / 500) / (-50 / 275) = 0.6 / -0.182 = -3.3

Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.

Final answer:

The price elasticity of demand measures responsiveness to price changes. Vacationers have elastic demand for airline tickets, while the elasticity of demand for business travelers is not mentioned. Business travelers are sensitive to changes in price.

Explanation:

The price elasticity of demand measures how responsive the quantity demanded is to changes in price. If the price elasticity of demand is greater than 1, it indicates that the demand is elastic and consumers are sensitive to price changes. If the price elasticity of demand is less than 1, it indicates that the demand is inelastic and consumers are less sensitive to price changes.

In this case, since the demand for airline tickets is elastic for vacationers, a price increase from $250 to $300 would result in a larger percentage decrease in the quantity demanded. On the other hand, the demand for airline tickets is not mentioned for business travelers, so we cannot determine its elasticity. However, the statement suggests that business travelers are sensitive to changes in price.

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Municipal bonds are issued by ____.a. the federal government
b. major corporations
c. state, county, and city governments
d. small start-up companies

Answers

Answer: (C) State, county, and city governments

Explanation:

 The municipal bonds are basically issue by the state, city and the country government. We use the municipal bonds for various types of purposes such as money for building various schools, hospitals, highway and the sewer system.

Munis is the short abbreviation of the municipal bonds and it helps in financial way for the upcoming project. It helps in the development of the state and countries and the municipal bonds are mainly issue by the different types of government.

Therefore, Option (C) is correct.

C. state, county, and city governments

As the name would suggest, a municipal bond is a bond issued by a local government or territory.

Ricardo wants to buy a new tablet that costs $1,150. he will make a down payment of $250 and will make monthly payments of $50. write an equation in slope-intercept form that ricardo can use to determine how much he will own after n months.

Answers

y=50x+250 is the original. Substitute the words from the word problem, and you have 1150=50n+250. I even solved for you, in case you wanted to know.

Final answer:

To determine how much Ricardo will owe after n months, we must account for his down payment and his monthly payments on the tablet. Subtracting the down payment from the total cost, we start with an initial debt of $900. Then, through monthly payments of $50, this debt is decreased, resulting in the equation: y = -50n + 900.

Explanation:

The subject matter is looking for an equation in slope-intercept form to determine how much Ricardo will still owe after making a down payment and monthly payments for n months on a tablet. You first should subtract the down payment from the overall cost of the tablet to understand the total amount Ricardo will owe after making the down payment. Given the tablet costs $1,150 and Ricardo's down payment is $250, his initial debt (y-intercept) is $1150 - $250 = $900.

After that, Ricardo will start making monthly payments. These payments represent a monthly decrease in the amount he owes, so they are represented by a negative slope. Since he'll be paying $50 each month, the equation to find the principal balance remaining (y) after 'n' months would be: y = -50n + 900.

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