FIN 420 Week 4 DQ 1
Adjustable rate mortgages ( ARMs ) have received a great deal of bad press due to the tremendous number of foreclosures resulting from families who could not afford the loan payments once the interest rates increased . Do you believe this loan option was used appropriately in recent years ? Why or why not ? Under what circumstances does the use of ARMs make sense ? Please explain . =================================================== FIN 420 Week 4 DQ 2
o What was the interest for 1 month at an 18 % APR ? o What was the total amount she paid ? o What if she had made the purchase with her credit card and paid off her bill in full promptly ?
ยท Retirees often make a choice between the following : What are the advantages and disadvantages of both . o 1 ) taking a lump-sum pension payout and purchasing an annuity ( or having the company convert their benefit to an annuity for them ) or 2 ) using the lump-sum payout to purchase a portfolio of bonds intended to provide them an income stream . Compare the advantages and disadvantages of each strategy . ===================================================
FIN 420 Week 4 DQ 1
FOR MORE CLASSES VISIT www . fin420assist . com
Adjustable rate mortgages ( ARMs ) have received a great deal of bad press due to the tremendous number of foreclosures resulting from families who could not afford the loan payments once the interest rates increased . Do you believe this loan option was used appropriately in recent years ? Why or why not ? Under what circumstances does the use of ARMs make sense ? Please explain . =================================================== FIN 420 Week 4 DQ 2
FOR MORE CLASSES VISIT www . fin420assist . com