Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure. What will the remaining balance be after the first 5 years?

a $396,038.65
b$427,354.28
c $407,836.29
d $377,238.57

Answers

Answer 1

Answer:

D

Explanation:

The remaining balance on a 20-year 5/1 ARM at 3.5% interest with a 2/7 cap structure after 5 years will be $377,238.57.

Pro life tip: Do NOT finance your home with an ARM mortgage.

Good luck in your studies!


Related Questions

What percentage of employees in the marketing industry have been victims of discrimination?

A. 15%

B. 30%

C. 45%

D. 60%

Answers

Answer:

Answer is B. 30%

Explanation:

The percentage of employees in the marketing industry have been victims of discrimination is. 30%

In this activity, you will explore scholarship opportunities for a chosen career pathway, choose a scholarship that meets your
needs, and gather information about the application requirements.
Use this scholarship search tool e, sponsored by the Department of Labor, to look for scholarships and grants that are
available to you for your chosen career pathway. If a perfect match is not available, then choose the next closest match and
discuss the scholarship requirements. How do you apply for the scholarship? How much money could you get for the
scholarship? Do you meet these requirements? If not, how could you make sure that you could apply for this scholarship?

Answers

Answer:

Hello there, I am not sure what you would like me to do as you are supposed to do this on your own as your own career path, but I will try and still give some tips

Explanation:

Well for the first question, how do you apply for the scholarship? Do you know how, or like have they taught you? If not then try and search it up or use the help of an adult. The second question how much money could you get for the scholarship? Depends on where you choose to go, or who scholars you. On to the third question do you meet the requirements? Well, think to yourself, do you? Do you have all of the needs that are required in order to get a good scholarship to that school. And the last question if not, how could you make sure that you could apply for this scholarship? I say work hard, get good grades, get in a sports activity, or even just any school activities, get involved more, get out there, let your voice be heard

That should help:)

Answer:

After using the scholarship research tool, I found one scholarship that I think I would apply for. I want to pursue a degree in agriculture and land management, and I found the Western Society of Weed Science Outstanding Student Scholarship Program, which gives a total of $3,000 students pursuing an agriculture degree. The application deadline is October 1, which means that I would have to complete the application at the beginning of my senior year if I were to get the scholarship by the time I start college the following year.

To be eligible for this scholarship, a student must be:

an undergraduate or graduate student enrolled in a degree program from a university in the western region.

A current WSWS member at the time of application.

Right now, I don’t meet all of the requirements. Although I plan on being enrolled in an eligible program, and I plan to go to a school in the western region, I am not currently a member of the WSWS. I will need to learn more about this organization and become a member if I plan on pursuing this scholarship in the future

Explanation:

edmentum

When looking for a job, how many hours a week should a person spend looking?

forty hours/week
twenty hours/week
ten hours/week
five hours/week

Answers

Answer:

40 hours a week

Explanation:

I have heard before to spend 6 hours a day looking for jobs. i answered 40 hours for each week and got it right.

Is the following a social organization or a task-oriented organization? college sorority

task-oriented
social

Answers

Answer: social organization

Explanation:

A college sorority is a social organization. College sorority is simply a social club for the females that are in college where the females perform activities together.

Social organization simply has to do with the network of relationships that are in a group and how they are related. Such network is vital in enhancing the relationship in the group.

Next Managing Files and Directories: Mastery Test 2 Select the correct answer from each drop-down menu. How will you identify a file type on your computer? that A file type is the standard used to determine which program to use to and Information in a computer. All file types have unique cular file and to access its data. create data Reset Next code data store data​

Answers

Complete Question:

How will you identify a file type on your computer? A file type is the standard used to (A. create data B. code data C. store data) and information in a computer. All file types have unique( A. names B. codes C. file extenstion) that determine which program to use to open a particular file and to access its data.

Answer:

1) C. store data.

2) C. file extenstion.

Explanation:

A file type is the standard used to store data. All file types have unique file extension that determine which program to use to open a particular file and to access its data.

please help!!!!!!!!!!!

Answers

Answer:

(1) Customers rating a new car model on social media - External info

(2) Company info

(3) External info

(4) Company info

Explanation: Company information is basically explaining information abt the product or what it is they're selling. External information is the feedback or in other terms "review" on a companies item. Hope this helped <3

(The #'s are the examples in the boxes starting from left to right btw)

Bugle Corp. approved a plan of merger with Stanley Corp. One of the determining factors in approving the merger was the strong financial statements of Stanley which were audited by Dennis & Co., CPAs. Bugle had engaged Dennis to audit Stanley's financial statements. While performing the audit, Dennis failed to discover certain instances of fraud which have subsequently caused Bugle to suffer substantial losses. In order for Dennis to be liable under common law, Bugle, at a minimum, must prove that Dennis:



Failed to exercise due care.



Acted recklessly or with lack of reasonable grounds for belief.



Was grossly negligent.



Knew of the instances of fraud.

Answers

Answer:

A). Failed to exercise due care.

Explanation:

As per the given details, Bugle Corp. needs to prove that Dennis & Co. failed to exert the required care which it was supposed to exercise while auditing the financial statements of Stanley Corp. This failure led Bugle Corp. to suffer major losses and thus, they must be accountable for this loss under the general law as they ignored the potential hazards. Legally, this is unlawful as they were expected to ensure that these hazards must have addressed and told Bugle Corp. on time but since they failed, they are guilty of the crime. Hence, option A is the correct answer.

What are net benefits?

Answers

Net Benefits are determined by summing all benefits and subtracting the sum of all costs of a project.

Which of the following has made communication within teams more difficult in recent years?

A. advancements in technology

B. an increasingly global society

C. a culture of disrespect

D. declining professionalism

Answers

Answer:

B. an increasingly global society

Explanation:

Communication may be explained as the exchange of information and messages between two or more people ; the sender which initiates the communication process and the receiver who responds to the initiated message. This means communication is an important between team members and any impairment in the communication process will be make the team less effective. Technology has helped in creating a wide range of communication means. However, the growing level of interdependence or globalization in the society whereby effectiveness of most processes is no more independent, such that the failure or one system will invariably affect the other causes a significant setback whenever such problem occurs.

TRUE OR FALSE? Please help
Compound interest includes interest only on the principle balance

Answers

False!! Only simple interest is based on the principle balance:)

WAYS IN WHICH THE YOUTH CAN MANAGE STRESS

Answers

Answer:

Sleep well. ...

Exercise. ...

Talk it out. ...

Make time for fun — and quiet. ...

Get outside. ...

Write about it. ...

Learn mindfulness.

Beliefs about what is ethical serve as a moral compass to guide behaviors of individuals
and companies.
w
Your answer:
O True
O False

Answers

True. ..................

Question 7 (10 points) A company received cash sales of $15000. They also collected $43000 in receivables during the month. Answer questions 4 to 6 with this information. 6. If the sales received were all made by credit cards with a fee of 1.25%, what would be the journal entry for cash? Question 7 options: 187.50 Credit 187.50 Debit 14,821.50 Credit 14,821.50 Debit

Answers

Answer: Debit 14,821.50

Explanation:

The following information can be gotten from the question:

Cash sales = $15000

Receivables = $43000

Since the sales received were all made by credit cards with a fee of 1.25%, the journal entry for cash will be calculated as:

= $15000 - (1.25% × $15000)

= $15000 - (0.0125 × $15000)

= $15000 - $187.50

= $14812.50

The journal entry for cash will be a debit of $14812.50

Which of the following approaches measures team performance by the team’s ability to meet specific, predefined goals?

A. the results approach

B. the behaviors/process approach

C. the goals approach

D. the outcome approach

Answers

Answer:

Answer is A

Explanation:

the results approach

economic problem you face as an individual​

Answers

Answer:

I'm spending WAY too much money on my favorite snack which are purple Doritos. / The Dorito company is having a huge shortage of my favorite snack which are the purple Doritos and I don't know what to do!

Explanation:

Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.

Hope this helps.

Answer:

The imbalance between production, distribution and consumption generates various phenomena that affect the economy; some of them are unemployment, shortages, overproduction, devaluation, inflation, indebtedness and damage to the environment.

Explanation:

Where would you find the Create Table Dialog Box?

Data tab, Get & Transform Data group
Data tab, Outline Command group
Insert tab, Charts gallery
Insert tab, Tables command group

Answers

Answer:

d

Explanation:

took the test

Answer:

D.

Explanation:

correct on edge

Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Jose monthly net pay?

Answers

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

A person who buys stocks to make a little extra money consistently each year would be said to be doing so for __________________.

Dividends

Mutual benefit

Investment

Speculation

Answers

Answer:

Investment

Explanation:

To invest is to allocate money in the expectation of some benefit/return in the future.

What is the purpose of Lincoln’s Douglas debate?
Ty have a nice day

Answers

Answer:

Until the 17th Constitutional Amendment of 1913, senators were elected by state legislatures, so Lincoln and Douglas were trying to win control of the Illinois General Assembly. The debates were the original media event: their goal was to generate publicity.

Explanation:

I hope this helps! Have a great day!

Employees of a hotel are short-staffed in the kitchen during a banquet event. The food will not be served on time, therefore throwing off the schedule for the entire event. Create a solution that incorporates teamwork.

Answers

all of them could work together by saving time helping each other cooking and serving food

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Which insurance could protect
it from this risk?
A. business interruption insurance
B. property insurance
C. workers' compensation insurance
D. general liability insurance

Answers

Answer:

A. Business interruption insurance

Explanation:

Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk. The correct option is (A).

What do you mean by the Business interruption insurance?

Business income lost due to a calamity is replaced by business interruption insurance. The occurrence might be something like a fire or a natural disaster.

Business interruption insurance is a type of insurance that pays out in the event that a company is forced to close down due to a direct physical loss or damage, as that which might result from a fire or a natural disaster.

Additionally, the running costs, a shift to a temporary location if necessary, payroll, taxes, and loan payments are all covered by this kind of insurance.

Therefore, Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk.

To know more about the Business interruption insurance, visit:

https://brainly.com/question/11494441

#SPJ5

Which statement best describes network security?
A. Network security means all information is open to the public, the network is not compromised, and everyone has access to the network.
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
C. Network security means everyone has access to the network, the network is not compromised, and no one has authorization to use it.
D. Network security means everyone has access to the information, the network is not compromised, and only a handful of people are authorized users.


I believe Its B.

Answers

Answer:

B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.

Explanation:

For a network to be secure, it means that, the network is not compromised and only authorised users have access to some of the personal informations that are kept safe on it.

For example, someone working on CIA would require high level clearance in-order to access their network due to the level of private and secure files stored in them. Such network is having secure point.

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Hope this helps!

Identify and explain reasons why communication will be difficult in a business that has a Tall Organization structure?
help!!! :(​

Answers

Answer:

Because there will be so many people, nobody will have time to talk, business will be booming, and there will be a lot more people. Nobody will want to stay, because its a big business, but small businesses, are a lot smaller (ofc) and people will be connected more, then having hundreds of people.

Explanation:

In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is most likely focused on the

animal system pathway.
plant system pathway.
agribusiness system.
natural resource system.

Answers

Answer:

into how many geographical region Nepal has divided ?describe them in a few line

Answer:

your answer would be b!

Explanation:

i did the unit test revew

easy career class question.

Answers

Answer business


hope this helps

If you wanted to ask a database a one-time question, what method would you be most likely to use?

A. A query

B. A report

C. A field

D. A form

Answers

b is the most likely answer

Answer:

A. A query

Explanation:

How can formal business documents help managers solve problems?
A. By creating a record of every action taken during a meeting
B. By presenting well-organized, accurate information about a
problem
O C. By eliminating the need for schedules and budgets to track
progress
D. By making decisions so the managers do not have to handle them
SUBMIT

Answers

Answer:

i believe its B

Explanation:

that would be the best approach

A society that values economic equity seeks to ©
A. provide its poorer members with food, shelter, and health care to live
decently.
B. ensure that the good and services we rely on are always there.
C. provide a job to everyone who seeks one.
D. give everyone a fair share of the economic pie.

Answers

Answer:

D. give everyone a fair share of the economic pie.

Explanation:

The correct option is - D. give everyone a fair share of the economic pie.

Reason -

Economic equity is about a level playing field where everyone has a same excess to a same wealth.

After you have all of the information, decide which financial institution is best for you. Write your answer in the text box below and provide details about why you selected the financial institution.

Answers

Answer:

for learning and knowledge

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