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From Question 9, due to the continuous decline in interest rates, the same borrower can refinance the 15-year mortgage in the amount of $250,000 at 4%.  If the refinance cost is $2,500 and the borrower plans to move out in 11 months, should the borrower refinance the mortgage?  Explain.  [Note: Do not type your answer in Canvas]

From Question 6, if an investor believes that the short-term interest rate one year from now is 1.6% and has the following two options:  Option A: 1 2-year investment, one investment with a maturity of two years Option B: 2 1-year investments, two investments with a maturity of one year Which option is better?  Explain.  [Note: Do not type your answer in Canvas]

will add questions soon

What is the first step in creating a sedimentary rock? 

How are minerals and rocks related? 

Layer X-Y could have been created by what geologic occurrence? What is it called?

What type of rock forms from Magma, inside of the Earth? 

In the opening lines of the poem, to what does the speaker compare the evening, which is “spread out against the sky” (NAAL9D p.355)?

What color is the fog that Prufrock sees rubbing its back and muzzle upon the windowpanes?

What item has Prufrock used to measure his life?