A mortgage is a type of installment loan. How does an adjustable rate mortgage work?

a.

the mortgage is paid off sooner

c.

the interest rate changes

b.

payment amount stays the same

d.

the interest rate stays the same

company must decide whether to buy Machine A or Machine B. After 5 years Machine A will be replaced with another A. The initial cost for Machine A is $12,500, annual maintenance is $1,000, and the salvage value at 5 years is $10,000.

A strong stock market depends on A. many investors speculating. B. many investors buying on margin. C. most consumers buying on credit. D. overall confidence in the economy.

The Long family spent $38.62 for school supplies and $215.78 for new school clothes. They paid 6.8 sales tax on their purchases. If the Long family paid $269.07 total, determine if they paid the correct amount. a. The Long family paid $2.

Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Trull had a favorable cost variance for variable overhead costs.

Consider the following information and then calculate the required rate of return for the Global Investment Fund, which holds 4 stocks. The market's required rate of return is 13.0%, the risk-free rate is 6.

Which of the following changes would represent an austerity measure? Choose one or more: A. a decrease in the number of public workers, to reduce government expenses B. an increase in the number of public workers, to reduce government expenses C.

A small business produces a single product and reports the following dа ta: Sales price $ 8.50 per unit Variable cost $ 5.

The lower the times interest earned ratio the more likely A) a business will need to borrow money B) a business will suffer a loss C) a default in payment will occur D) interest payments can be made

Corba Company is evaluating whether to replace an old machine with a new, more efficient machine. Corba purchased the old machine for $600,000, and there is $180,000 of accumulated depreciation recorded for the machine.

A girl is given $15 by her parents. She has two options of how to spend the money. She can either save the money for future purchases or she can start a lemonade stand on her driveway.