Which of the Following Statements Regarding the Break-Even Point for Paying

question 32

Multiple Choice

Which of the following statements regarding the break-even point for paying discount points in order to get a lower interest rate on the loan is correct?

• A) All else equal, the break-even point for paying points on an original mortgage is longer than the break-even point for paying points on a refinance.
• B) All else equal, the break-even point for paying points on an original mortgage is longer for a taxpayer who does not make extra principal payments each year on the loan than for a taxpayer who does make additional principal payments each year on the loan.
• C) All else equal, the break-even point for a taxpayer paying points on an original mortgage is longer when the taxpayer's marginal income tax rate increases in the years subsequent to the original financing compared to a taxpayer whose marginal tax rate does not change in the years subsequent to the year in which the loan is executed.
• D) None of these statements is correct.

Grasp the challenges community resource agencies face, including funding.

Recognize the various forms of social networks and their importance to families.

Understand the ongoing trends illustrating the need for formal and informal support for families.

Understand how to customize PowerPoint layouts and slide masters.

---

Definitions:

Obsessive-compulsive Disorders

A mental health condition marked by unwanted, persistent thoughts (obsessions) and repetitive behaviors (compulsions) that the individual feels driven to perform.

Neurocognitive Disorders

Neurocognitive disorders are a category of mental health diagnoses that primarily affect cognitive abilities such as memory, attention, and reasoning due to medical conditions.

Paraphilic Disorders

Disorders characterized by intense sexual fantasies, urges, or behaviors involving non-human objects, suffering or humiliation of oneself or one's partner, or children or other non-consenting persons.

Sleep-wake Disorders

A group of conditions that affect the ability to sleep well on a regular basis, disrupting daily functioning.