This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Once you begin making payments on an amortization schedule for a loan such as a mortgage or car ... (Read 40 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
on: Jul 10, 2018
Once you begin making payments on an amortization schedule for a loan such as a mortgage or car loan, most contracts clearly state that you may NOT pay off the loan early.
 
  Indicate whether the statement is true or false.

Question 2

The law of one price suggests that all of the following will have the same price in different
  countries EXCEPT
 
  A) fresh vegetables. B) grain.
  C) silver. D) oil.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tsternbergh47

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: FALSE
Explanation: Most contracts allow you to pay early; however, there may be a prepayment penalty.

Answer to Question 2

A


dejastew

  • Member
  • Posts: 562
Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

The Making of Black Harlem The Making of Black Harlem
Feast-making spoon (Wunkirmian). Liberia/IvoryCoast. Feast-making spoon (Wunkirmian). Liberia/IvoryCoast.
Place one hand on the medial and one on the lateral thigh to begin horizontal stroking. Slide hands ... Place one hand on the medial and one on the lateral thigh to begin horizontal stroking. Slide hands ...
Place one hand on the medial and one on the lateral thigh to begin horizontal stroking. Slide hands ... Place one hand on the medial and one on the lateral thigh to begin horizontal stroking. Slide hands ...
The components making up the DNA Pol III holoenzyme The components making up the DNA Pol III holoenzyme
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Mechanism of enzyme action

For a complete list of videos, visit our video library