also called short-term memory; the component of memory in which current conscious mental activity occurs

It may be appropriate for a real estate professional to utilize different approaches for estimating the market value of a property depending upon the particular property type and use. Which of the following approaches would be most applicable when considering the valuation of retail office space (i.e., which approach would receive the most weight in the valuation process)?

involve problems with pitch, loudness, and quality ofthe voice 

are tied to specificevents in time

is responsible for language comprehension

which isfitting the newinformation into anexisting schema

which decreases the likelihoodof a behavior reoccurring

(behind the forehead), which is responsible primarilyfor thinking, planning, memory, and judgment

Suppose you have just purchased your first home for $300,000. At the time of purchase you could only afford to commit to a down-payment of $15,000. In order to make the loan, the lender requires you to obtain private mortgage insurance (PMI) on their behalf. Suppose over time you paid down the principal of the loan to $280,000 and at that point in time you can no longer make any mortgage payments (i.e., you default on the loan). If the lender were to foreclose on your property and sell it for $228,000, what would the lender’s loss of principal be taking into consideration the protection of mortgage insurance? (Let’s assume that the PMI in this case covers the top 30% of the loan)

how quickly the body is aging