Author Question: A mortgage loan in which the interest rate changes periodically, usually in relation to a ... (Read 109 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
A mortgage loan in which the interest rate changes periodically, usually in relation to a predetermined economic index is called an Adjustable Rate Mortgage (ARM)
  Indicate whether the statement is true or false

Question 2

Statistics show that the sales force of Golden Wholesalers successfully closed 1,711 sales out of 1,950 sales calls. What was their percent success rate?
 A) 41
  B) 32.7
  C) 79.3
  D) 87.7



aham8f

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library