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Kisachek [45]
1 year ago
14

Your client Jacinta is being pressured by her mortgage broker to lie on her loan application. The mortgage broker promises it wi

ll make the underwriting process easier, and that it's a normal way to get a better interest rate. Which statement BEST describes the situation
Business
1 answer:
Marizza181 [45]1 year ago
5 0

Answer:

This is a red flag for predatory lending AND mortgage fraud.

Explanation:

Considering the situation above, the statement that BEST describes the situation above is that "This is a red flag for predatory lending AND mortgage fraud."

This is because the act of cheating or fraudulent pursuits of some lenders during the loan process is known as predatory lending, in which lying during loan application is part of it.

Also, fraudulent activities such as misstatement, misrepresentation, or omission about a mortgage loan process are considered a mortgage fraud

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Determine whether the following statement is true or false, and explain your reasoning:
Triss [41]

Answer:

The statement is true

Explanation:

As a fact, I agree that with large sample sizes, even the small differences between the null value and the observed point estimate can be statistically significant.

To put it differently, any differences between the null value and the observed point estimate will be material and/or significant if the samples are large in shape and form.

It's also established that point estimate get more clearer and understandable, and the difference between the mean and the null value can be easily singled out if the sample size is bigger.

Suffix to say, however, while the difference may connote a statistical importance, the practical implication notwithstanding, will be looked and studied on a different set of rules and procedures, beyond the statistical relevance.

6 0
1 year ago
A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0
1 year ago
The chart shows the marginal cost and marginal revenue of producing apple pies.
Liula [17]

Answer:

The marginal cost will most likely increase to $2.00

Explanation:

Because I just did it.

7 0
1 year ago
Read 2 more answers
Nagel Equipment has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-b
Luda [366]

Answer:

Option (e) is correct.

Explanation:

Given that,

Beta = 0.88

Expected dividend growth rate = 4.00% per year

T-bond rate = 5.25% (The treasury bonds are always the risk free rate)

Average annual future return on the market = 14.75%

Required rate of return:

= Risk free rate + Beta × (Market rate - Risk free rate)

= 5.25 + 0.88 × (14.75 - 5.25)

= 5.25 + 0.88 × 9.5

= 5.25 + 8.36

= 13.61%

7 0
1 year ago
cite three real life situations where quadratic equations are illustrated. Formulate quadratic equations out of these situations
NISA [10]

Answer:

I want to know the sides of a pizza if the width is 9 inches larger than the height and the area is 250 squared inches.

My brother wants to know how long his bed is if it has an area of 2m and the width is .5m larger than the height.

My father wants to know whats the size of a football field if the area is 57,600 square feet given that the length is 200 ft larger than the width.

Explanation:

To solve this you just have to think on the unknown value and represent it as "X" in the first problem we do not know the length or width but we have a values given between them, so if "x" is the height then the width becomes "x+9" so those two values multiplied become the area.

x(x+9)=250\\x^{2} +9x=250\\x^{2} +9x-250=0\\

With this you just keep solving the others.

My brother wants to know how long his bed is if it has an area of 2m and the width is .5m larger than the height.

2m as an area and the height is "x"

x(x+-5)=2\\x^{2} +.5x=2\\x^{2} +.5x-2=0\\

My father wants to know whats the size of a football field if the area is 57,600 square feet given that the length is 200 ft larger than the width.

57,600 is the area and width will be "x"

x(x+200)=57,600\\x^{2} +200x=57,600\\x^{2} +200x-57,600=0\\

7 0
1 year ago
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