Question
Which loan does not require the borrower to pay back
during their lifetime?Solution
In a reverse mortgage loan, the borrower is not required to pay back the loan during their lifetime. Reverse mortgage is a type of loan available to elderly homeowners where they can convert a portion of the equity in their home into loan funds. The loan is typically repaid when the borrower permanently moves out of the home, passes away, or sells the property. Until then, the borrower does not make any monthly mortgage payments. Instead, the loan balance increases over time as interest and fees accumulate. The loan is usually repaid from the proceeds of the sale of the home.
In Data Communication, what protocol is used to ensure reliable transmission of data over a network?
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A unique piece of information that is used in encryption.
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Which of the following is true about the time complexity of Merge Sort?
In dynamic programming, which principle ensures correctness by solving overlapping subproblems and storing results?
