A Borrower Is Considering Refinancing and Finds That the Return,considering

question 1

True/False

A borrower is considering refinancing and finds that the return,considering refinancing charges and lower payments,is 10%.The borrower can earn 12% on alternative investments so the property should be refinanced.

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Definitions:

Diabetes

A group of metabolic diseases characterized by high blood sugar (glucose) levels over a prolonged period of time.

Preventive Health Behaviors

Actions taken by individuals to avoid diseases, detect diseases early, and maintain optimal health.

Heredity/Genetic Make-up

The genetic information passed from parents to offspring, determining traits and predispositions to certain conditions.

Beliefs and Values

Core principles that people hold regarding what is important in life, guiding behavior and decision-making.