Prompt People interact with data and communicate with others on computers in order to carry out many of their job functions. In one
paragraph, describe three risks of developing a strategic role for information systems and information communication
technology. In a second paragraph, describe three rewards (or benefits) of developing a strategic role for information
systems and information communication technology, pointing out ways in which these systems can help businesses grow
and be successful.
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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.