8 February, 16:47

A bank offers a mortgage that lists 2% interest for the first year of a loan. If a customer takes the mortgage, and 16 years later the rate for this loan is still 2%, the mortgage likely has a (n)

a) adjustable rate

b) credit limit

c) down payment

d) fixed rate

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A bank offers a mortgage that lists 2% interest for the first year of a loan. If a customer takes the mortgage, and 16 years later the rate ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

During the first phase of a product life cycle, introduction, which conditions are common? A. Sales are low and expenses are high. B. Expenses are low and sales are high. C. Customers are early adopters.

Gloria wants to open her own restaurant. She has already purchased a building and raised enough cash to purchase the furniture, tools, and equipment required. She has also hired waitstaff and some cooks.

The _wrote a petition to king George declaring parliament couldn't pass laws on the colonists without representation by colonists

Describe three important ways that riding changed over time

Jill has been using Meadow deodorant since her mother first bought it for her. She switches to Confident! brand after her favorite musician endorses it. Which principle of influence does Jill's action illustrate?

New Questions in Social Studies

Which law (s) passed after the Civil War Amendments reverted many freed African Americans back to conditions similar to those characterizing their previous lifestyles before they gained their citizenship (such as forbidding blacks from jury duty and

Donald and Ronald are identical twins who have been raised apart, in separate adoptive homes. However, both brothers have developed the same psychological disorder. This information could be used as evidence to suggest that a.

What have the United States and Columbia worked together to achieve? A. Stopping the flow of illegal drugs B. Keep Hugo Chavez in power C. Increasing the membership of FARC D. Freeing French Guiana from Foreign rule

What did the Supreme Court decide in Vernonia v. Acton? Students were required to submit to all drug tests. Drug tests of athletes were reasonable searches. A school could unreasonably seize students' property.

Archeologists discovered stone and copper plates in Bali describing early rules of civilization that express the importance of religion and art as a way of teaching the people how to maintain a cooperative society. a) trueb) false