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Author Question: Once you begin making payments on an amortization schedule for a loan such as a mortgage or car ... (Read 83 times)

dejastew

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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.


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tsternbergh47

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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

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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