Possible negative amortization resulting from a rise in the interest rate on a adjustable rate mortgage may be avoided by

A)

raising the rate cap.
B)

lowering the payment cap.
C)

shortening the term of the mortgage.
D)

increasing the monthly payment.


D

Business

You might also like to view...

______ communication diverts, retards, or frustrates the ability of the group to achieve the requisite functions.

A. Counteractive B. Disruptive C. Counterintuitive D. Promotive

Business

Personal property is the earth's crust and all things firmly attached to it.

Answer the following statement true (T) or false (F)

Business

How can a company benefit through a just-in-time logistics system?

What will be an ideal response?

Business

Which state passed the law that first created the designation “Certified Public Accountant”?

a. Massachusetts b. California c. Ohio d. New York e. Iowa

Business