Points paid at closing represent
A) a fee paid to the lender.
B) part of the loan principal.
C) the property tax rate.
D) the interest rate on the mortgage.
Answer: A
You might also like to view...
A major element that helps media editors decide whether to read a news release is ________
A) how closely public relations writers follow accepted news release format B) how much attention is given to localizing the material C) a clear indication of the release date D) whom to contact if there are questions
In a gross lease, the landlord is responsible for paying the property taxes and assessments on the property
Indicate whether the statement is true or false
A simple organizational structure is also known as a ________ structure.
A. matrix B. multidivisional C. functional D. line-and-staff E. three-dimensional
In a statement of retained earnings, decreases in retained earnings result from ________
A) issuance of stock B) net losses C) net income D) revenues earned