A House Is Appraised at $298 000 and You Have

question 70

Multiple Choice

A house is appraised at $298 000 and you have a down payment of $25 000.CMHC charges the following rates on the loan to value ratio: Up to and including 80 percent,1.00 percent;up to 85 percent,1.75 percent;up to 90 percent,2.00 percent;up to 95 percent 2.75 percent.What will be the approximate total amount of the mortgage if the CMHC fee is included in it?

• A)$278 460
• B)$281 195
• C)$278 996
• D)$280 508

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Counterproductive Work Behavior

Activities undertaken by employees that are against the interests or objectives of their employer.

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Emotional states that are cheerful, encouraging, and conducive to positive outcomes in interpersonal relationships and productivity.

Turnover Intentions

The intention or inclination of employees to leave their current positions within an organization.

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