Janice wants to get a mortgage for her new vacation condo. she pays $56,000 for the condo and has a 7% interest rate for a 7-year term. under the terms of the mortgage, janice pays interest only until the final payment when the principal is paid off. what type of loan is this?

It is a Bullet Loan

Explanation:

A bullet loan is a type of loan in which the principal that is borrowed and sometimes with the interest are paid back at the end of the loan period by the borrower.

Essentially, the flexibility in the terms mean that a borrower is going to be saving a large payment until the end of the repayment period and with this borrowers can get access to loans they wouldn't have been  able to afford if such  flexibility doesn't exist.

However, this type of loan can be extremely risk for the borrower especially if things didn't go as planned.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

decentralization can the employees to get more involved in the business decision making