Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your recommendation for the best financial choice in their situation.

Answers

Answer 1

Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

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Related Questions

What does the concept of scarcity explain? Choose three answers.

why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.

Answers

'Scarcity' is defined as the economic concept that refers to the situation of 'having finite resources and infinite demands.'

The concept of 'Scarcity' explains:

C). why consumers are willing to pay high prices for items.

D). why decisions must be made on how to use resources

F). why a single resource has more value than another resource.

The term 'scarcity' elaborates the causes of all the above-stated problems. Since the demand for produced goods, as well as, services is endless and the resources available to meet this demand are limited, there is an imbalance between the demand and supply. This leads to the hike in prices of the available goods so that one could afford to pay higher will take the good. This makes it important for deciding upon the efficient utilization of resources so that every individual's demand can be satisfied up to some extent.The single resources cost higher due to this reason only as it develops a competition among the buyers.

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Answer:

C, D, F

Explanation:

Match each good with the type of good it represents

Answers

Clean air public good
And healthcare individual good
Do you mean like this
Hope it’s correct
HOPE !
Sooo if wrong
Please imma need ya brainiest

reasons for looting of shops malls and destruction of property in gauteng and kzn​

Answers

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Private goods are not rival in consumption, but excludable. rival in consumption and excludable. rival in consumption, but not excludable. not rival in consumption and not excludable

Answers

Answer:

private goods—excludable and rival in consumption.

Explanation:

1) Private goods = excludable + rival in consumption (wheat/phone/parking space)

2) Public goods = non excludable + non rival in consumption (public sewer system/national defence/Scientific research.)

3) Common resources, non excludable + but rival in consumption (clean water in a river/clean air/fish in the ocean)

4) Club goods, excludable + but non rival in consumption (movies on Netflix/cinemas)

Marketing links producers to

Answers

Marketing links producers to customers.
That is the answerzb

Marketing links producers to consumers. It is the process of identifying, creating, communicating and delivering value to target customers.

Through marketing, producers can understand consumer needs and preferences develop products or services that address those needs, and effectively communicate their offerings to the intended audience.

By promoting their products or services, producers can create awareness, generate interest and build brand loyalty among consumers.

Marketing also facilitates the distribution of goods from producers to retailers or directly to end consumers and connecting producers to the customers they aim to serve.

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what are the applications of brainstorming​

Answers

brainstorming helps teams generate a large number of thoughts quickly- hope this helps!

Explain the concept of scarcity, choice and opportunity cost​

Answers

Answer:

The opportunity cost of any choice is the value of the best alternative that had to be forgone in making that choice.

Answerrsss please!!!!!

Answers

Answer:

A- Lender

B- Plan

C- closing Balance

3

A- False

B- True

C- True

D- False

Briefly explain how the government uses taxation as a redistribution method

Answers

Answer:

The purpose of this is to increase economic stability.

identify business equipment or resources required to complete task under direct instruction?​

Answers

Answer:

Explanation:

Estimate quantities and resources correctly to.

FCCLA's mission is: to promote personal growth and _______ ________ through family and consumer sciences education.​​

Answers

Answer:

FCCLA's mission is:to promote personal growth and leadership development through family and consumer sciences education.

Select from the following the four steps of the market segmentation process. Multiple select question. Identify product-related need sets evaluate the success of the chosen segment group customers with similar need sets identify competitors' segments select a segment to serve describe each group

Answers

Answer:

identifying product related need sets

Grouping customers with similar need sets

Describing each group

Selecting an attractive segment to serve

Explanation:

the us saving and loan crisis of 1970s

Answers

Answer:

none of these describe the savings and loan crisis

Answer:

E (none of these)

Explanation:

The roots of the S&L crisis lay in excessive lending, speculation, and risk-taking driven by the moral hazard created by deregulation and taxpayer bailout guarantees.

Which of the following is NOT an example of monetary policy? a. The Federal Reserve reduces the reserve requirement. b. The Federal Open Market Committee decides to sell bonds. c. The Federal Open Market Committee decides to buy bonds. d. The Federal Reserve facilitates bank transactions by clearing checks.

Answers

Answer:

A

Explanation:

Monetary policy controls the process of drafting, announcing, and enforcing the plans taken by the central bank, currency board, or other competent monetary authority that controls the amount of money in an economy and the channels by which new money is supplied

The statement that cannot be considered an example of monetary policy is A:The Federal Reserve reduces the reserve requirement.

Monetary policy  can be regarded as control of the quantity of money which is present in an economy as well as the channels that is needed for  new money to be supplied.

It involves the federal to Open Market Committee who bring decision in selling or buying of bonds.

Therefore, option A is correct.

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What is a public good?

A A public good is a product or service that one consumer can prevent another consumer from using, and is not accessible without
payment

B A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without
payment

C A public good is a product or service that one consumer cannot prevent another consumer from using, and is not accessible without
payment

D A public good is a product or service that one consumer can prevent another consumer from using, and is accessible without payment.

Answers

I believe your answer is B

A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without  payment

How do u explain evil deeds done by otherwise!

Answers

PREJUDICE IS A THEME DEVELOPED IN HUMAN BEINGS, WHEN SOMEONE IS ABOUT TO SUCCEED AND A MIDDLE PERSON CANNOT AFFORD TO SEE THE GROWTH IN OTHER THAT ARE NOT HIMSELF(S) / HERSELF(S).

AND THIS BEHAVIOR IS MOSTLY PRESENT IN PEOPLE WHO HAVE NOT HAD GOOD EXPERIENCES IN DURING THEIR LIVES.

MARK “BRAINLIEST.”

what is correspondence in business. Briefly explain the qualities of a good letter​

Answers

Answer:

Business correspondence means the exchange of information in a written format for the process of business activities. Business correspondence can take place between organizations, within organizations or between the customers and the organization. The correspondence refers to the written communication between persons

Discuss reasons why a business needs funding ?

Answers

Answer:

Firms need finance to:

start up a business, eg pay for premises, new equipment and advertising.

run the business, eg having enough cash to pay staff wages and suppliers on time.

expand the business, eg having funds to pay for a new branch in a different city or country.

Every morning, the pupils ………………….. in the hall to listen to the Principal.
1) crowded 2) paraded 3) gathered 4) assembled

Answers

Answer:

assembled

Explanation:

hope it helps you mark as brainlist

Which of the following is NOT a function of the Federal Reserve?

To promote stability of the financial system.

To collect taxes from taxpayers.

To conduct monetary policy.

To provide banking services to commercial banks.

To provide banking services to the federal government.

Answers

Answer:

To collect taxes from taxpayers

List the basic elements of business plan

Answers

Answer:

Company Description

Market Analysis

Competitive Analysis

Marketing Plan

Sales Strategy

Explanation:

Mark me the brainliest if it helped

According to the study cited in the text, what are the three largest gaps in career readiness employers see in college students applying for employment

Answers

According to the text that was quoted, the three largest gaps in career readiness are:

Written communication Organizing/evaluating information Critical/analytical thinking

According to the text, these skills listed above are very important in the work environment for successful business operations. But most employers do not agree that college graduates who recently left school are well suited for the jobs.

Although these graduates rate themselves high in these skills only less than 3 in 10 employers agree with their claim

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A firm which is the sole employer in a labor market will find that: The marginal cost of an additional worker is the same as its supply curve for labor The marginal cost of an additional worker is above its supply curve for labor The marginal cost of an additional worker is below its supply curve for labor

Answers

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In addition to (1) the commonly accepted name and (2) any special warnings, what is the third piece of essential information needed on the label of all stock solutions

Answers

In addition to (1) the commonly accepted name and (2) any special warnings, the third piece of essential information needed on the label of all stock solutions is the date and the name of the person who made it.

What are the uses of the stock solutions?

Stock solutions are used to speed up the preparation process, conserve resources, free up storage space, and increase the precision with which working different concentration solutions are made.

It is important to mention essential information on the label of stock solutions to avoid any hazardous event and to ensure the safety of the user.

Therefore, the date and the name of the person are included on the label.

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Without ____, it would be impossible to stay in business.
Group of answer choices

growth

profit

IPO

marketing

strategy

Answers

Your answer is profit!

a) Explain different types of professions related to financial sector.​

Answers

Answer:

Positions in the commercial banking sector include bank tellers, loan officers, operations, marketing, and branch managers

Identify which of the following formulas correctly defines how to calculate the debt ratio. Multiple choice question. Total assets/Net income Total liabilities/Total equity Total liabilities/Total assets Total assets/Total liabilities

Answers

Answer:

Total liabilities/total assets

Explanation:

Debt ratio can be calculated by using the formula Total liabilities/total assets.

Debt ratio refers to the ratio of the debt and assets of a person or company. This is also known as the total debt to the total assets ratio.

This ratio can also be known or referred to as the financial ratio measuring the extent of a company's leverage. This accounting aspect of a company is used to calculate how much of the company's assets are financed through debts.This means that the amount or portion of a business's assets that are financed by debts is the debt ratio of that company.To calculate the total debt ratio, the total liabilities should be divided by the total assets. The resulted amount is the debt ratio of that company.

A debt ratio enables a company to specify and identify how much percentage of the company's assets are liable for leverage. This allows the company to know how to manage the business or work through their debt accordingly. Thus, the correct formula to calculate the debt ratio is total liabilities/ total assets.

learn more about how to calculate debt ratio here:

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How successful was the new growth path in influencing economic growth and development in South Africa

Answers

Answer:

not successful

Explanation:

Marketing links producers to

Answers

Marketing links producers to customers.

Depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it: Select one: a. Is a cost of operations which cannot be avoided. b. Results in an annual cash outflow. c. Is a cash inflow. d. Reduces the cash outlay for income taxes

Answers

Answer:

the answer is b

Explanation:

cause its the annual cash outflow

Depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it results in an annual cash outflow. Thus, option (b) is correct.

What is cash flow?

The term cash flow refers to the movement of the cash are the flow out of the business. There are the three types of the cash flow such as investing activities, financing activities, operating activities.

Depreciation is a non-cash item, hence it must be brought back to the cash flow statement in the operational activities column, along with other expenses like amortization and depletion. Depreciation might be considered a cash inflow because it reduces the business's cash outflow indirectly.

As a result, depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it results in an annual cash outflow. Therefore, option (b) is correct.

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