The following question is worth 4 points.   Given the following mortgage loan information, calculate the borrower’s effective borrowing cost (EBC): loan amount: $175,000; loan term: 30 years; contract interest rate: 7 %; monthly payment: $1,164.28; up-front financing costs paid to the lender (including discount points): $3,000; up-front financing costs paid to third–party service providers (appraiser, attorney, etc.): $5,000. Assume the loan will be held/outstanding until the end of year 10. Chose the closet answer below.

Describe four approaches to selecting a subject for an observation essay.

Suppose you have taken out a $125,000 fully-amortizing fixed rate mortgage loan that has a term of 15 years and an interest rate of 6%. After your first mortgage payment, how much of the original loan balance is remaining?

Ways that a lender may respond to a loan default without resorting to foreclosure include all of the following except:

Which of the following is a system call interface method for interfacing with the memory manager?

“In regard to the bootloader – at power-up, the program counter is set to a default value, known as the…”

Linux kernel is monolithic.

What are the main functions of the ‘process scheduler’? (Mark all that applies)

_________________ based device drivers are used for hardware devices that are accessed sequentially (e.g. serial port).  

“Which of the following are methods for informing the kernel of which resources are available in the embedded system?”(select all that applies)