Which of the Following Is Most Commonly Used as a Base

question 32

Multiple Choice

Which of the following is most commonly used as a base index for setting rates for adjustable rate mortgages?

• A)Federal Reserve Bank
• B)Karl's mortgage calculator
• C)Realtor.com
• D)London Interbank Offered Rate
• E)Bankrate.com

---

Definitions:

Biconditional

A logical connective expressing the idea that two statements are true or false simultaneously.

Conjuncts

Elements combined within a conjunction in logic, each of which is true for the whole to be true.

Disjuncts

Components of a disjunction (an "or" statement) that represent alternative statements or clauses, where if one is true, the others do not have to be.

Antecedents

Factors or events that precede and potentially influence the outcome of a subsequent event or condition.