Suppose you are buying your first home for $600,000, and you have arranged to finance the full price with a 20-year, monthly payment, amortized mortgage at a 3.20% nominal interest rate, with the first payment due in one month. By how much would you reduce the amount you owe after your first payment

answer is i don't know

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

the answer is account d

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.