If you anticipate your income rising slowly but steadily over the years, you may want to consider a

A) 30-year fixed rate mortgage.
B) 15-year ARM.
C) graduated payment mortgage.
D) balloon payment mortgage.


Answer: C

Business

You might also like to view...

_______ are activities that take up time and do not add value to the work that analysts perform.  They typically decrease productivity and increase stress levels.

Fill in the blank(s) with the appropriate word(s).

Business

Joe's Coffee House Joe's Coffee House has the following information available for the month of July: Sales (2,500 cups) $7,500 Variable costs 3,250 Fixed costs 4,000 Net operating income $ 250 Refer to the Joe's Coffee House information above. If Joe's sells 500 more cups of coffee per month, net operating income will:

A) increase by $850. B) increase by $100. C) increase by $150. D) increase by $1,500.

Business

Fixed operating expenses include all of the following except: 

A. depreciation B. rent C. raw materials D. utilities

Business

A contract

a. can never be implied from the actions of the parties. b. must contain consideration. c. cannot be terminated. d. must be in writing

Business