A discounted rate for the first adjustment period of an adjustable-rate mortgage that is below the ...

Author Question: A discounted rate for the first adjustment period of an adjustable-rate mortgage that is below the ... (Read 97 times)

natalie2426

Hero Member
Posts: 524

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

Sr. Member
Posts: 328

Reply #1 on: Jun 24, 2018

Answer to Question 1

FALSE

Answer to Question 2

B

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