With a(n) ________ mortgage, you make relatively small monthly payments for several years, after which the loan comes due and you must pay it off in one large payment
A) growing equity
B) option payment ARM
C) interest only
D) balloon payment
Answer: D
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According to Michael Porter, which of the following is true of differentiation as a generic strategy?
A) It is an effective strategy for obtaining above-average financial returns because unique products often command premium price. B) It offers an opportunity for small, specialized companies to grow while retaining their narrow focus on highly differentiated products. C) It requires companies to construct the most efficient facilities in terms of scale or technology and obtain the largest share of market. D) It has become increasingly popular in recent years as a result of the popularization of the experience curve concept.
When a taxpayer with average annual gross receipts in excess of $25 million finances the construction of its building by borrowing, the interest is added to the cost of the building.
Answer the following statement true (T) or false (F)
A firm makes investments to obtain productive capacity to carry out its business activities
Indicate whether the statement is true or false
Nonverbal communication often includes a few words
Indicate whether the statement is true or false