A confidence interval is a mathematical concept that expresses how likely a range will contain the mean of a data set.
What is combined LTV (CLTV)? If you already have a mortgage and want to apply for a second one, your lender will evaluate the combined LTV (CLTV) ratio. This factors in all of the loan balances on the property: the outstanding balance on the first mortgage, and now the second mortgag...
(GLD-0.55%), while those who are bullish on oil prices could buy shares of theUnited States Oil Fund LP(USO-1.03%). If you want more exposure to commodities in general, you could invest in theiShares S&P Commodity-Indexed Trust(GSG-1.53%). The fund's benchmark index is theS&P GSCI,...
The interest rate stays in force for the whole period. With a traditional deferred annuity there is a first year interest rate guarantee but the rate in subsequent years is set by the insurance company at its discretion, so long as the future interest rate remains at least above the annuity...
When parents are awarded joint physical custody in a divorce, the support obligation of each is often based on the ratio of each parent's income to their combined incomes, and the percentage of time the child spends with each parent. 3. Are fathers who never married the mother still ...
Credit utilization is the ratio of your credit card balance to your credit limit as listed on your credit report. You should never use more than 30% of your available credit limit. For example, if you have a combined credit limit of $10,000, keep your total balance under $3,000. 3...
Health insurance is a critical component of financial planning and can provide valuable support in times of medical need. It offers coverage for a variety of healthcare expenses, including doctor visits, hospital stays, prescription medications, and preventive care. However, health insurance doesn’t...
In general, the lower the LTV ratio, the greater the chance that the loan will be approved and the lower the interest rate is likely to be. In addition, as a borrower, it's less likely that you will be required to purchase private mortgage insurance (PMI). ...
Also, due to the higher number of probable claims per period, losses for healthcare providers will be higher than those for property or casualty insurance. The combined ratio measures the flow of money out of a company through the payment of expenses andthe total lossesas they relate to the ...
The fixed cost ratio is a simple ratio that divides fixed costs bynet sales. It's used to determine the proportion of fixed costs involved in production. Are All Fixed Costs Considered Sunk Costs? Allsunk costsare fixed costs in financial accounting, but not all fixed costs are consideredto...