Which of the Following Are True of Mortgages

question 20

Multiple Choice

Which of the following are true of mortgages?

• A) A mortgage is a long-term loan secured by real estate.
• B) A borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity.
• C) Over 80 percent of mortgage loans finance residential home purchases.
• D) All of the above are true of mortgages.
• E) Only A and B of the above are true of mortgages.

---

Definitions:

Atmospheric Oxygen

The oxygen that is part of Earth's atmosphere, essential for the respiration of most living organisms and a product of photosynthesis.

Chloroplasts

Organelles found in the cells of plants and other photosynthetic organisms, sites where photosynthesis takes place.

Carbon-14 Dating

A method for determining the age of an object containing organic material by measuring the levels of carbon-14, a radioactive isotope.

Neanderthals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, closely related to modern humans.