Answer:
The answer is A.
the answer isnt that^ its not an option.
Answer:
7m-3
Step-by-step explanation:
first, distribute
m+3m+3m-3
then, combine all like terms
m+6m-3
7m-3
i hope this helps! have a nice day!
a. 64,672.318
b. 65,000
c. 64,672.32
d. 64,672.319
The correct formula is Net cash flow + cash outflow = cash inflow.
The following information should be considered:
Therefore we can conclude that The correct formula is Net cash flow + cash outflow = cash inflow.
Learn more about the cash outflow here: brainly.com/question/10714011
B.) the interest rate may change depending on the condition of the economy
C.) the lender can adjust the monthly payment dates whenever he wants to
An adjustable rate mortgage is adjusted rate of interest depending on market situations.
The rate of interest may vary , totally depends on the market value of that agency or company or the financial agency which is providing the mortgage money at certain rate.
So, option (B) the interest rate may change depending on the condition of the economy is true statement regarding adjustable rate mortgage.
Option B is correct, the interest rate may change depending on the condition of the economy is true of an adjustable rate mortgage.
An adjustable rate mortgage (ARM) is a type of mortgage loan where the interest rate is not fixed for the entire loan term.
Instead, the interest rate on an ARM can adjust periodically, typically based on a specific financial index such as the Treasury Bill or the London Interbank Offered Rate (LIBOR).
The adjustment frequency and the specific index used are outlined in the loan agreement.
The adjustablefeature of an ARM allows the interest rate to change over time based on market conditions and economic factors.
This means that the borrower's monthlypayment may also change when the interest rate adjusts, as it is typically tied to the new rate.
Hence, option B is correct.
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