The united auto workers union attempted to win the approval of legislation that would moderate the practice of foreign sourcing on the part of american auto manufacturers. which of the following best represents this legislation? a. voluntary export quotasb. trigger price mechanismc. tariff quotasd. local content laws

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.