Your mortgage is an ARM with a 1 year adjustment interval, 4% margin, and a 2% periodic cap. Your initial APR on this loan was 4.5%. Over the last 5 years the market rates of interest have risen dramatically
The current interest rate index for your loan is 8.5 %. What APR are your monthly payments being calculated on today?
A) 4.5%
B) 8.5%
C) 10.5%
D) 12.5%
Answer: D
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Installations consist of ________
A) highly priced luxury goods such as Rolex watches B) portable office equipment such as computers C) major purchases such as elevators D) portable factory equipment such as hand tools E) products such as insurance
The logic behind the effect of social support on the expatriate experience is that being able to draw on social relationships provides a mechanism for dealing with the ______ associated with an overseas assignment.
A. language B. stress C. tax implications D. culture
Lumber MillInc is a private employer with more than twenty employees. Itsemployment practices do not indicate a past pattern of discrimination. Itis located in Metro City, which has recently seen an increase in the number of its citizens who are members of protected classes. Under the Civil Rights Act of 1964, Lumber Mill is
a. required to promote diversity in its workplace, but not to implement an affirmative action policy. b. not required to implement an affirmative action policy. c. required to implement an affirmative action policy until the number of its minority employees is proportional to the number of minority individuals in Metro's labor pool. d. required to implement an affirmative action policy that considers race merely as a plus factor.
A condominium differs from a cooperative in that a tenant in the latter:
A) rents his apartment from the cooperative. B) owns his apartment in cooperation with others. C) owns all the space except the common areas. D) owns only the internal space.