MORTGAGE Statistics Project Example | Topics and Well Written Essays - 500 words

MORTGAGE - Statistics Project Example Investment may be altered for the life of the advance or variable, and change at certain predefined periods; the premium rate can additionally, obviously, be higher or more level. All the more thus, Mortgage advances for the most part have a greatest term, that is, the amount of years after which an amortizing credit will be reimbursed. Some contract credits may have no amortization, or oblige full reimbursement of any remaining offset at a certain date, or even negative amortization (Katz, 2013). Reflecting on the capacity of the company, it needs to raise $ 1,000,000 through selling a portfolio of mortgages currently held by the company. However, the company is under tight budget indicating that the mortgage sold should expect to bring back the interest of between 4%- 6%. Going by the computational above, it is clearly recommended that if the company requires achieving high interest by selling its mortgage, then it should consider placing a bid of an original loan amounting to $ 224,000 loan. From the computational figures in regards to prevailed 7th package, the company is going to release its mortgage at a rate of 5.3 %. This package totals to 1,230.01 payment rate with an addition of 254 on the remaining amount. This however indicates that after a year, the company will receive a total of $ 6,035 as an interest rate. The recommendation therefore justifies the results to be taken into account. In addition, amortization period is the length of time it will take you to pay off your entire mortgage. The company therefore is required to choose a shorter amortization period as it disposes its mortgage, by offering least a 20% down payment since the longer the amortization, the lower your monthly mortgage payments, but the more it will pay in interest ov er the life of the

Terrorism Essay Example | Topics and Well Written Essays - 250 words

Terrorism - Essay Example If one kills another human being due to self-defense—there is some purpose to it. However, if the attacker deliberately takes a live of someone to instill their radical views—that is ethically wrong. During terroristic attacks, human beings get treated as mere objects rather than creatures of life. Kant himself mentioned that people often induce terror â€Å"to treat them as ends in themselves and not simply as means to one's own ends.† Here it may seem complicated and puzzling, but Kant clearly here depicts the true agenda that is molded in human morality. Another reason why terrorism is not a justified means of achieving a particular is aim is due to the fact that it takes the lives of innocent citizens. One cannot diminish the fact that terrorism leads to innocent lives of victims. The victims in terrorist attacks are killed merely because they were present at that moment. The attack was not focused in military personnel or anyone, which makes the attack seem illogical. The victims are taken simply because they were present at that moment even though they were not associated Lastly, the use of terrorism is wrong because it uses violence as a way to justify the means of conducting violence. Terrorist attacks are no doubt a violation of human dignity.