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Author Question: A discounted rate for the first adjustment period of an adjustable-rate mortgage that is below the ... (Read 83 times)

natalie2426

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on: Jun 24, 2018
A discounted rate for the first adjustment period of an adjustable-rate mortgage that is below the current market rate of interest is called the prime rate.
  Indicate whether the statement is true or false

Question 2

If a number decreases from 900 to 549 what is the rate of decrease?
 A) 61
  B) 39
  C) 16
  D) 84


zogaridan

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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