Question
Creditors prefer a ________ amount of capital and ________ collateral in the best of circumstances.
Question 38 options:
low; low
high; low
high; high
medium; low
Random Section Chp 9
Question 39 (2 points)
The schedule that shows your monthly home payment and the amounts applied to principle and interest each month is called a depreciation table.
Question 39 options:
True
False
Question 38 options:
low; low
high; low
high; high
medium; low
Random Section Chp 9
Question 39 (2 points)
The schedule that shows your monthly home payment and the amounts applied to principle and interest each month is called a depreciation table.
Question 39 options:
True
False
Answers
GPT-4o mini
For Question 38, creditors generally prefer a **high** amount of capital and **high** collateral in the best of circumstances. So the correct answer is:
**high; high**
For Question 39, the statement is **False**. The schedule that shows your monthly home payment and the amounts applied to principal and interest each month is called an **amortization table**, not a depreciation table.
**high; high**
For Question 39, the statement is **False**. The schedule that shows your monthly home payment and the amounts applied to principal and interest each month is called an **amortization table**, not a depreciation table.