Abigail is financing her first home. She is borrowing $125,000. Her bank is loaning her the money for 15 years at an APR of 5.7%. What will Abigail's monthly mortgage payment be?
A) $958.75
B) $998.22
C) $1,001.44
D) $1,034.67
Answer: D
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Answer the following statement true (T) or false (F)
All officials handling union money must be bonded, and persons convicted of certain criminal offenses are barred from holding union office for:
a. six years. b. nine years. c. seven years. d. five years.
Harry said to Marge, "I have a ring once owned by Marilyn Monroe. Would you like to buy it for $500?" Marge pays for the ring, but the next day a friend tells her that Harry had recently purchased the ring at a local department store. Marge enjoys wearing the ring and wears it constantly for twelve months. Finally, she goes to Harry and says, "Here is the ring you lied about. Give me my $500."
Most likely Marge will: A) get her money back since Harry's representation was fraudulent. B) not get her money back since she should have investigated the facts about the ring more carefully. C) get her money back since she is a good faith purchaser of merchandise. D) not get her money back since she has affirmed the contract by taking an unduly long time to disaffirm.
Despite trade restrictions, international business is
A. moving slowly. B. growing. C. slowing down. D. struggling for survival. E. decreasing.