A Mortgage with Low Initial Payments That Increase Over Time

question 44

Multiple Choice

A mortgage with low initial payments that increase over time without ever leveling off is a

• A)graduated payment mortgage.
• B)growing-equity mortgage.
• C)second mortgage.
• D)shared-appreciation mortgage.

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Definitions:

Genotype

The genetic makeup of, or combination of alleles in, an individual. Compare with phenotype.

Genetic Makeup

The complete set of genes or genetic material present in a cell or organism.

Gametes

Gametes that merge in the process of sexual reproduction to create a new life form.

Genotype

The genetic makeup of an organism, consisting of both the visibly expressed genes and those that are not expressed.