Which of the following finance options will have the lowest total financed
cost?
A. Balloon mortgage with balloon payment paid in full
B. 7/1 ARM
Ο Ο Ο
C. Balloon mortgage with balloon payment financed at lower rate
O D. 30-year fixed mortgage

Answers

Answer 1

Answer:

A is the answer

Step-by-step explanation:

did the test hope this helps

Answer 2

Balloon mortgage with balloon payment paid in full, will pay off the mortgage in the shortest time.

What is a mortgage?

A mortgage is a loan that is used to purchase real estate (such as a house) with the property being used as collateral for the loan.

Here, we are given that balloon mortgage is a type of loan that requires a lump sum payment at the end of the loan term (the "balloon payment").

Option A involves paying off the entire mortgage balance at the end of the term, which will result in paying off the mortgage in the shortest amount of time.

A 30-year fixed mortgage and a 7/1 ARM will take 30 years and 7 years plus the adjustment period, to pay off the mortgage.

In a Balloon mortgage with a balloon payment refinanced at a lower rate, the mortgage would still be outstanding after the balloon payment, and the borrower will need to refinance to a new mortgage to continue making payments.

Learn more about mortgages here:

brainly.com/question/11344091

#SPJ2


Related Questions

Find the MAD of the data set: 2, 3, 4, 8, 10, 10, 12, 14, 18 (Round your answer to the nearest WHOLE NUMBER) ​

Answers

The answer is 4, have a good day

CAN SOMEONE HELP ME FAST?

On Monday, the closing value of a share of stock in Company ABC, was 74.01. On Tuesday, it closed at 73.67, and on Wednesday, it closed at 74.32. On Thursday, the change in stock value was -1.48. And, on Friday, Company ABC's stock gained 0.89 points.

One shareholder owns 13 shares of Company ABC's stock. What was the total value of their stock in this company at the close of Tuesday?

Answers

Answer:

221.38

Step-by-step explanation:

i hope this is helpful for you

If the total length of all the meteors were distributed equally between each meteor, how long would each one be?
A a 1/42
B 1 1/36
C 1 4/40
D 1 1/38

Answers

Answer:

ITS C IM 1000000% SURE!

Step-by-step explanation:

TRUST ME PLZ MARK AS BRAINLESS I MEAN BRAINLIEST!

If you watch Mine-craft streamers, click this question.

No matter the streamer.

*ahem*

GeorgeNotFound once said,

"Oh, your positioning is soo good...〜"

Answers

stream·er

/ˈstrēmər/

Learn to pronounce

See definitions in:

All

Journalism

Fishing

Angling

Astronomy

noun

a long, narrow strip of material used as a decoration or symbol.

"plastic party streamers"

Similar:

pennant

pennon

flag

banderole

banner

standard

ensign

gonfalon

burgee

ribbon

vexillum

a banner headline in a newspaper.

"his appearance was announced with a streamer headline"

FISHING

a fly with feathers attached.

"a streamer fly"

Heyyy can u guys give me something because I’m out of points and need some thanksssssss

1 is also equal to 100/100. What percent is equal to both 1 and 100/100?

Answers

Answer:

100%

Step-by-step explanation:

Answer:

100%

Step-by-step explanation:

100% would be the answer because 1 is a whole, which would mean you have 100% of something, and since 100/100 is also equal to 1, they both can be 100%.

If you can help thank you!​

Answers

9514 1404 393

Answer:

  C.  96 ft³

Step-by-step explanation:

The area of the triangular base is ...

  A = 1/2bh

  A = 1/2(6 ft)(8 ft) = 24 ft²

Then the volume is ...

  V = 1/3Bh . . . . . where B is the base area and h is the height

  V = 1/3(24 ft²)(12 ft) = 96 ft³ . . . . volume of pyramid

Write an equation in point-slope form of the line that passes through the given point and has the given slope. (2, 7); m = -4

Answers

Answer:

y-7=-4(x-2)

Step-by-step explanation:

y-y1=m(x-x1)

y-7=-4(x-2)

What does x=
Help quickly please!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

11°

Step-by-step explanation:

If you extend the line XW at a point, say V, it forms a corresponding angle, which which be easier to find ∠X.

First we have to find what is the actual value of the corresponding angle.

180 - 102 = 78 (Angles on a straight line add up to 180°)

So now the 78° is the angle of the corresponding angle. This angle is equal to ∠X. Thus the value of x can be found.

6x + 12 = 78°

Bring 12 to the other side in order to find 'x'. This will make it to -12.

6x = 78 - 12

6x = 66

Now take 6 and put to the other side of the equation. Since 6 was multiplied with x, shifting it to the other side of the equation will make it 'divided upon 6'

x = [tex]\frac{66}{6}[/tex] = 11°

Please Help with problems 7-10!!!!

Answers

Answer:

7) 3m + 21

8) 8t + 12

9) 45 + 30r

10) 32n - 16n or just 16n

Step-by-step explanation:

just use the distributive property

Hope this helped! Have a nice day! Plz mark as brainliest!!!

-XxDeathshotxX

A carpenter is making one shelf that is
37.5 cm long and another that is 54.7 cm
long. How much wood does she need?

Answers

Answer:

93 cm of wood

Step-by-step explanation:

when you add them together you get 92.2 cm long so I would guest you round it up to 93 cm long

let me know if i'm wrong

Answer:

you add 37.5+54.7 =91.4

37.7

54.7

  9  1. 4

how do i select a expression that has a product of 12?
3/4×16
5/12×12
2/5×30
2/3×15​

Answers

Answer:

the answer to your question would be a and c

3/4*16 and 2/5*30

Heights of men aged 25 to 34 have a standard deviation of 2.9. Use a 0.05 significance level to test the claim that the heights of women aged 25 to 34 have a different standard deviation. The heights (in inces) of 16 randomly selected women aged 25 to 34 are listed below.
62.13 65.09 64.18 66.72 61.15 67.50 64.65 63.09
63.80 64.21 60.17 68.28 66.49 62.10 65.73 64.72
Select the correct conclusion based on the null hypothesis and final conclusion

Answers

Answer:

Based on the given data, there is no evidence to support the claim that the standard deviation of the heights of women aged 25 to 34 have a different standard deviation from men aged 25 to 34

Step-by-step explanation:

The standard deviation for the heights of men aged 25 to 34, σ₀ = 2.9

The population variance, σ₀ = 2.9² = 8.41

The significance level of the test = 0.05

The number of randomly selected women in the sample, n = 16

The given heights of the 16 randomly selected women are listed as follows;

62.13, 65.09, 64.18, 66.72, 61.15, 67.50, 64.65, 63.09, 63.80, 64.21, 60.17, 68.28, 66.49, 62.10, 65.73, 64.72

By using the Mean (Average) and standard deviation of a sample formula from Microsoft Excel, we have;

The mean height of the women, [tex]\overline x[/tex] = 63.37563

The standard deviation of the variance, s₂ = 2.2 78511

The null hypothesis, H₀; σ = 2.9

The alternative hypothesis, H₀; σ ≠ 2.9

The chi-square test is given as follows;

T = (N - 1)(s/σ₀)²

Therefore, we have;

T = (16 - 1)(2.278511/2.9)² ≈ 9.2597

The critical value for the lower tail = 6.908

The critical value for the upper tail = 28.845

For the critical region, we have;

Reject H₀ if T <6.908 or T > 28.845

Therefore, given that the critical T is larger than 6.908 and less than 28.845, we fail to reject the null hypothesis, and there is not enough statistical evidence to prove that there is a difference in the standard deviation of the heights of men and women aged 25 to 34

(is about the brainstem)

Answers

Answer:

C

Step-by-step explanation:

What are the parts and functions of the brain stem?

To sum up, the brain stem is the lowest anatomical region of the brain. The brain stem is divided into three major parts; the midbrain, the pons, and the medulla. The brain stem controls the bulk of autonomic physiological functions, including respiration, heartbeat, reflexes, digestion, and sleep.

resource: sciencetrends.com

A sign in a bakery gives these options:

15 cupcakes for $26
24 cupcakes for $42
40 cupcakes for $66
Find each unit price to the nearest cent, and show your reasoning.
Which option gives the lowest unit price?

Answers

24 cupcakes for 42$ gives the lowest unit price! Hope this helped

I need help please, I have no clue how to answer this

Answers

Answer:

well then maybe you should pay attention in class

Step-by-step explanation:

Olivia would like to buy some new
furniture for her home. She decides to
buy the furniture on credit with 9.5%
interest compounded quarterly. If she
spent $7,400, how much total will she
have paid after 8 years.​

Answers

14,744.96 is the answer.

The sum of money earned by Sarah and
Tom in a week is $750. One week, they
doubled their working hours and earned
$2000. How much money did each of
them earn?

Answers

How did they split the money

In 2018, there were about 41 million teenagers (ages 10-19) in the United States. They each sent an average of 800 text messages per month. About how many text messages did all of the teenagers in the United States send each month? Express your answer using scientific notation.

Answers

Answer:

3.28*10^(10) text messages.

Step-by-step explanation:

We know that there are about 41,000,000 teenagers in the US.

If each one of they sent an average of 800 text messages, then the total number of text messages sent in a month is something about:

Total number of messages = 41,000,000*800 = 32,800,000,000

Now we want to write this in scientific notation.

To do it, we need to count the number of digits at the left of the decimal point, if there are N total digits, we can write our number as:

3.28*10^(N - 1)

Where we now have only one digit at the left of the decimal point.

Here we have 11 digits.

Then we can write this number as:

3.28*10^(11 - 1)

3.28*10^(10)

WILL GIVE BRAINLIEST!!!! Name all of the transformations from h(x) = sinx to f(x) = −4 sin (3x – π) + 5 ANSWER ASAP FOR MORE POINTS!!!!

Answers

Answer:

Step-by-step explanation:

The -4 makes the waves taller (Amplitude 4), and the negitive flips over x-axis.

In (3x-pi) The three compresses horizontally making the waves tighter. The -pi shifts the funtion pi to the right.

The +5 shifts up five.

tried to think didnt work it out help

Answers

Answer:

Givn : OK = 3, OJ = 30, KN = 1, JM = 3

ON=OK+KN=3+1=4

OM=OJ+JM=30+10=40

In triangles OKJ & ONM,

OKOJ=330=110

ONOM=440=110

Angle O is common in both the triangles.

Two sides are in same proportion and the included angle is common (SAS) . Hence both the triangles are similar.

That means KJNM=110 or the two sides are parallel.

Hence ˆK=ˆN,ˆJ=ˆM corresponding angles.

DAC = 2x+4 and BAC= 3x +1

Answers

Answer:

x=17

Step-by-step explanation:

Since ABCD is a rectangle, ∠DAB=90.

∠DAB=∠DAC+∠BAC

90=(2x+4)+(3x+1)

90=5x+5

5x=85

x=17

Hope has of an hour to play outside and do her homework. She wants to split her time equally between the twe activities much time would she spend on each activity ? 1/2

Answers

1234567891011121314151617181920

an item weighs 4500 g how many kilograms does it weigh. PLS HELP ASAP

Answers

Answer:

4.5 Kilograms is the answer :)

Step-by-step explanation:

Answer:

it weighs 4.5 kilograms

Step-by-step explanation:

1 kg = 1,000

On Monday, a local hamburger shop sold a combined total of 596 hamburgers and cheeseburgers. The number of cheeseburgers sold was three times the number of hamburgers sold. How many hamburgers were sold on Monday?​

Answers

Answer:

Cheeseburgers = 447

Hamburgers = 149

Steps:

596 = 3x + x

596 = 4x

149 = x

149 * 3 = 447

Check:

596 = 3(149) + 149

596 = 447 + 149

596 = 596 ✅

Cheeseburgers (3x) = 447

Hamburgers (x) = 149

(8p^2+2p+7)+(5p^2+p)

Answers

Answer:13p^2 + 3p + 7

Step-by-step explanation:

which of the following could explain the changes in growth between the 15th month and the 24th month ?

please refer to pictures

Answers

Answer:  The Answer is A

Step-by-step explanation:

i think it's right

Find the value or x that makes CDE FGH very confused

Answers

Answer:

x = 5

Step-by-step explanation:

10/25 = (3x-1)/35

75x-25 = 350

75x = 375

x = 5

d. Add the interest payment to the government's $6 trillion expenditures for the next year, and assume that tax revenues remain at
$4.5 trillion. In the second year, compute the
() Deficit: $ billion
(1) Amount of new debt (bonds) issued to finance the deficit in the second year $
billion
(III) Total debt at the end of the second year: $
billion

Answers

Answer:

Spike spanish ????????????

Fyjajrishe wkegeisjahshdhdhrheeejw

Answers

Answer:

vhcgixigcogcohvoycyoccohcistdotxkgclhfottitdtocogd

0162cm

Hope this helps

Find the surface area. Explain.

Answers

Answer:

SA=136

Step-by-step explanation:

6*2=12

12*2=24

7*2=14

14*2=28

6*7=42

42*2=84

84+28+24

136

Answer:

Step-by-step explanation:

A rectangular prism has six sides so the area is the sum of the side areas.

A=2(xy+xz+yz) where x,y,z are the dimensions, in this case

A=2(2(6)+2(7)+6(7))

A=2(12+14+42)

A=2(68)

A=136 ft^3

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