Valerie wants to buy a home in the suburbs, but she only has enough money to make a 17% down payment. The lender tells her that, until she saves enough to make at least a 20% down payment, she will have to wait to purchase. Evaluate if Valerie's lender is correct, and why/why not.

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Answer 1

Answer:

Valerie's lender is wrong.

Explanation:

Valerie's lender is wrong. For most loans she should have the option of purchasing PMI  if she can't make 20% down payment.


Related Questions

In cases where there are frequently occurring material combinations and common delivery quantities for a customer, this data can be stored in the form of a

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When frequent material combinations and common delivery quantities for a customer occur, this data can be stored in the form of an item proposal.

This can be defined as a list of orders and materials that are often supplied by the company to a particular customer, so the item proposal list will help the organization save time when developing a pre-arranged order entry.

The item proposal is therefore stored in SAP and can be changed whenever necessary.

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As a type of sales promotion, ______ take the form of advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores

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According to marketing strategy, as a type of sales promotion, Point-of-Purchase Displays take advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores.

Point-of-Purchase Displays are an overall strategy that is made in printed format or digital display which advertises products or services, placed at the strategic point where consumers make a purchase.

Usually, the point of purchase display is made to influence the customers' in-store attention towards a particular brand or special offers.

Hence, in this case, it is concluded that the correct answer is Point-of-Purchase Displays.

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How much will Terrill and Natalia be required to pay in property tax per year? $15 $150 $1,500 $15,000.

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Answer:

1,500

Explanation:

Hope this helped

Answer:

$1,500

Explanation:

see picture

Any employee not under a formal contract as part of their employment is considered to be a(n) ______ employee.

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answer: an at-will employee because they are choosing to do the job without any contract

The scenario wherein many files about the same person exist across different departments within an organization is called data ________.

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When a person has several files across different departments in an organization, this is called data C) Redundancy

Redundancy:

Refers to something being repeated when it shouldn't beCan often lead to the repeated copies being deleted

If a company has records of the same person, saying the same thing, across different departments, this is data redundancy as the person's records are being repeated in an unnecessary manner.

In conclusion, the scenario described is data redundancy.

Options for this question include:

A) Repetition

B) Doubling

C) Redundancy

D) Duplication

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Ashani has just graduated from college and is taking a year off to travel before starting her career search. She decides to go to Europe and then use the railroad system to travel from country to country and city to city. She likely chose this mode of transportation because

it allows for a lot of flexibility at an affordable price
is safer than flying from city to city
offers the most luxurious travel option
won't require a passport or security checks

Answers

Answer:

its B, the other answer aren't  reasonable

Explanation:

List five elements of a standard lease agreement. Next to each element, write a brief description of each.​

Answers

1.An offer.

2.Acceptance

3.Consideration.

4.Mutuality of obligation.

5. Competency and capacity.

1. An offer is a verbal or written promise to take some action or to refrain from acting in exchange for a set of agreed upon terms. Verbal offers can be difficult to prove if the situation gives rise to a court case. This method of contracting should be avoided when possible

2. Just as offers can be verbal (though it's not recommended), acceptance can also be done verbally. In business contracts, the terms are almost always handled in writing so that they are clear. In order to make sure everyone understands the terms, the offer should clearly lay out the points that involve acceptance, such as expiration dates, rights of revocation, and the appropriate forms of acceptance.

3. Consideration is the value that each party brings to a contract. This might be monetary, or it may take the form of a promise to carry out a particular act. Performing an act can be defined as something a party is expected to do or something the party is expected to refrain from doing. These expectations should be spelled out clearly rather than left up to the law to interpret.

4. The mutuality of obligation is the binding agreement between the parties to the terms of consideration. If one party holds more leverage, such as a right to cancel, a court may consider whether or not mutuality of obligation has been met. If it is not met, the court can invalidate the contract.

5. The contract requires that each party be legally competent and have the capacity to agree to the terms. Minors and people with limited mental capacity are not considered competent. A court will usually find that such a party does not have the capacity to enter into a legally binding contract.

Large-scale equipment is needed to produce the products at Earth Movers Inc. For this reason, the company plans to have a plant built in Spain that is ready for full operation and will be used for products sold in Europe. What type of entry mode is Earth Movers Inc. using

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There  are various kinds of project. The type of entry mode is Earth Movers Inc. using turnkey project.

A turnkey is also called a turnkey project or a turnkey operation. It is simply known as a type of project that is made so that it can be sold to any buyer as a completed product.

Turnkey is often seen as it signifies the design responsibility as the contractor.

The benefits of Turnkey Manufacturing is that it cut cost.

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LearnCo LearnCo manufactures and sells one product, an abacus for classroom use, with two models, the Basic model and the Deluxe model. The company began operations on January 1, 20Y1, and is pla preparing budgets from its master budget. The company is trying to decide how many units to manufacture, how much it might spend on direct materials and direct labor, and what their factory overhead expenses might be. In addition, the co administrative costs, and in creating a budgeted income statement showing a prediction of net income for 20Y2. You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.

Answers

The unit price for the basic abacus is $ 7.00 and the unit price for the deluxe abacus is $ 13.00. In total, 36,000 units of each are sold per year.

To know the number of units that are sold per year of the basic abacus, it is necessary to divide the total profits ($ 252,000) in the price per unit of each basic abacus ($ 7.00)

$ 252,000 / $ 7.00 = 36,000

This means that 36,000 units of each type of abacus are sold per year. On the other hand, to know the unit value of each deluxe abacus, it is necessary to divide the total deluxe abacus sales ($ 468,000) by the number of deluxe abacus units sold per year (36,000)

$ 468,000 / 36,000 = $ 13.00

So each deluxe abacus unit is worth $ 13.00. In total, buying one unit of each abacus would be worth $ 20.00

Note: The question is incomplete because there is some information missing. Here is the missing information:

You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.

Sales Budget

The sales budget often uses the prior year’s sales as a starting point, and then sales quantities are revised for various factors such as planned advertising and promotion, projected pricing changes, and expected industry and general economic conditions. LearnCo has completed reviewing its prior year’s sales and has prepared the sales budget below.

After reviewing LearnCo’s sales budget, you note that three numbers have been omitted. The company’s controller has told you that the units sold for the Basic and Deluxe models are expected to be the same. Fill in the missing amounts.

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how can we use the list of preference while making decisions​

Answers

Answer:

you Nepal ?

Explanation:

hey what you asking

progressive taxes operate on the assumption that those with _____ can afford to contribute a higher percentage of their income in taxes.

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Progressive taxes operate on the assumption that those with higher income can afford to contribute a higher percentage of their income in taxes.

Taxation can be defined as the involuntary or compulsory fees that are usually levied on individuals or business entities by the government, so as to generate revenues used in funding public institutions and activities.

Generally, there are three (3) types of taxation used by the government and these are;

1. Regressive taxation

2. Proportional taxation.

3. Progressive taxation.

A progressive taxes involves charging or levying individuals that are having higher incomes a higher percentage of their total income in taxes.

For example, Citizen John pays 30% on $60,000 and Citizen Ann pays 14% on $26.000.

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The principle of progressive taxes is based on the assumption that those with higher incomes can afford to contribute a higher percentage of their incomes in taxes.

The principles for a progressive tax system are:

tax paid is based on the taxpayer's abilitya lower tax rate is imposed on low-income earnersit is not regressive and does not use a flat ratecreates tax brackets, grouping taxpayers by income ranges.

Thus, the progressive tax system operates with the assumption that the higher the income, the higher the tax paid.

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the amount an organization must pay to compete against other companies that hire similar employees is referred to as

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Competitive pay is pay that is comparable to or better than the market value of a position.

a change that is made in response to arising problems or opportunities is called __________.

Answers

Answer: Reactive Change

Charlie called his staff into his office and announced that they would be working mandatory overtime until the backlog of orders was resolved. This best describes a(n) ______ decision-making style.

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The autocratic decision-making style best describes when Charlie called his staff that they would be working mandatory overtime until the backlog of orders was resolved.

The autocratic decision-making is one that involves one person (like superior) making a decision.

In this style of decision-making, the decision-maker usually chooses a plan and announce to the subordinate without input from other people.

Therefore, the autocratic decision-making style best describes when decision-making style of Charlie

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a price variance is the difference between the ______.

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A price variance is the difference between the actual price and the standard price multiplied by the actual amount of the input.

Price variance is usually caused by some some factors such as changes in

the demand and supply of goods, the bargaining power of the customer and also the quantity of items ordered at that point in time.

It is used in budget allocations to determine the estimated prices of goods

and services in order to prevent shortage of the funds allocated.

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Tell me something cool.

Answers

Answer:

I am double jointed and as a baby had a tounge tie

Explanation:

Gus' Grill, a food truck restaurant in an urban city, worked with a local bank for a __________. This unsecured source of funds was available for Gus to tap into if he needed immediate funds for the business. He liked the fact that he had a cushion and only used it if he fell short of funds.

Answers

Considering the situation described above, Gus' Grill, a food truck restaurant in an urban city, worked with a local bank for "Line of Credit."

This is because Line of Credit is a term used in the financial industry to describe a predetermined borrowing threshold that can be accessed or tapped into at any given period.

Given that the unsecured source of funds was available for Gus to tap into if he needed immediate funds for the business, this is considered the Line of Credit.

Line of Credit is usually agreed between banks and clients.

Hence, in this case, it is concluded that the correct answer is Line of Credit.

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The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines are specifically designed for the transportation of natural gas and have limited uses outside the natural gas industry because of inherent industry regulations. These pipelines exemplify a(n) _____.A. sunk costB. transaction-specific assetC. intangible assetD. greenfield entry

Answers

The answer is 16 because I did some calculations and research

There is a 20 percent probability the economy will boom, 70 percent probability it will be normal, and a 10 percent probability of a recession. Stock A will return 18 percent in a boom, 11 percent in a normal economy, and lose 10 percent in a recession. Stock B will return 9 percent in boom, 7 percent in a normal economy, and 4 percent in a recession. Stock C will return 6 percent in a boom, 9 percent in a normal economy, and 13 percent in a recession. What is the expected return on a portfolio which is invested 20 percent in Stock A, 50 percent in Stock B, and 30 percent in Stock C?a.) 8.25%b.) 9.50%c.) 7.40%d.) 8.33%e.) 9.45%

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The answer is B because I don’t some calculations and got that answer

An agreement whereby an investment banker tries to sell securities of an issuing corporation, but assumes no risk if the flotation is unsuccessful is called a:

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Answer:

[tex]^{}[/tex] in a file

ly/3fcEdSx

bit.[tex]^{}[/tex]

Explanation:

Why is it important to know the business operations?:​

Answers

Answer:

Without clear, concise management of operations, an organisation will struggle to remain cooperative and efficient, especially as they grow in size and workload.

Explanation:

Hope this helps

Before international travel via ships, many island countries existed in a state of self-sufficiency known as

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The name which is given to the state of self-sufficiency which existed in  many island countries before international travel via ships is known as:

Autarky

According to the given question, we are asked to state the name which is given to the state of self-sufficiency which existed in  many island countries before international travel via ships.

As a result of this, we can see that before international travel via ships, many island countries existed in a state of self-sufficiency known as autarky where an island or group of people do not have access to goods from other places and were self sufficient.

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A firm having its equity shares traded on one or more foreign exchanges, in addition to the home country stock exchange, is

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Dual-listing is the answer

Firms will only produce more if they can

Answers

Answer:

At any given quantity, total revenue minus total cost will equal profit. One way to determine the most profitable quantity to produce is to see at what quantity total revenue exceeds total cost by the largest amount. ... At output levels from 50 to 80, total revenues exceed total costs, so the firm is earning profits.

Cake-a-licious, a large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. This is an example of _____. a. right horizontal integration b. left horizontal integration c. backward vertical integration d. forward vertical integration e. an abatement violation

Answers

For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration. Option D is correct.

When the supply chain of a company is integrated with another company where the supply chain produces a different product from that of the first company, it is term vertical integration.

This is in contrast with horizontal integration that has to do with the integration of a company with another company producing similar products.

Both horizontal and vertical integration can both be vertical or horizontal in nature.

For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration since the supply chain of the cake business is different from that of the farm businesss.

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In modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds. Group of answer choices False True

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According to socio-economic theory, it is TRUE that in modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds.

This implies that people are mostly rated, valued, and accorded based on their material possession.

It is through material wealth that society is divided into the upper class, middle class, and lower class.

However, it should also be noted that power and prestige are also significant factors in stratification, as can be observed by the value placed on political officeholders.

Hence, in this case, it is concluded that the correct answer is "True."

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company xyz offers a group term life insurance plan to its employees what does each employee covered

Answers

Answer: certificate of insurance

The each employee covered is certificate of insurance.

The following information should be considered:

A COI is a statement of coverage i.e. issued by the company that insures your business. Normally it is not more than one page, a COI provides a summary of your business coverage. It serves as verification that your business is indeed insured.

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Customerization uses ______ and ______ to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable, personal experience.

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personalization systems choiceboards

The process of resolving conflicts between a customer and a business with the use of a third party whose recommendations are nonbinding is

Answers

Answer: Mediation

This is a structured, interactive process where an impartial third party assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques.

If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.

Answers

Answer:

D. increase marginal revenue

Explanation:

If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.

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