PLEASE ANSWER ASAP

16. How many monthly payments are required to pay-off a 25 -year mortgage obligation? * (1 Point) 300 50 25 250 17. This is a document, usually prepared by an attorney, that provides a detailed breakdown of the real estate transaction, * (1 Point) contract policy closing statement title or deed 18. It is a discounted interest rate for the first adjustment period of an adjustable-rate mortgage that is below the current market rate of interest. * (1 Point) teaser rate lender's margin/ spread index rate interest-rate cap 19. The emphasis of this policy is the accumulation of money where it pays the face amount of the policy upon the death of the insured. * 4(1 Point) endowment insurance whole life insurance limited life insurance nontraditional insurance 20. This is a type of policy that allows the policyholder to choose how the side fund will be invested. (1 Point) variable life insurance whole life insurance nontraditional insurance universal life insurance 21. This refers to the amount paid at regular intervals to purchase insurance protection. . (1 Point) insurance face value future volue premium 22. This is the actual amount of the employee's paycheck after all payroll deductions have been withheld. * [1i (1 Point) piecework pay gross pay net pay commission pay 23. Suppose you have biweekly gross earnings of $1,600. If your company switches pay schedules from biweekly to semimonthly, how much is your new gross earnings? * (1 Point) $615.38 $1,733.33 $666.67 $1,476,92 24. It is the value of an asset at the time it is taken out of service. * (1 Point) present value future value book value salvage value 25. What is the sum-of-the-years' digits (SYD) depreciation rate fraction of an equipment that has a useful life of 6 years for the fourth year? * (1 Point) 5/21 3/21 6/21 4/21