According to the chart, the initial monthly payment Demarco and Tanya should anticipate paying on principal and interest is (BLANK). They should budget $400 for insurance and tax payments, so the total amount they should anticipate paying monthly is (BLANK).

Answers:
1. $811
2. $1,211

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.

Which of the following has the largest impact on opportunity cost

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.