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A borrower is repaying a
What is a debt-to-income ratio?(1 point)
Responses the value of the borrower’s assets that determine the borrower’s financial
3 answers
asked by
hi
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Select all the correct answers.
Which two of the following are minimum requirements in order to obtain credit? The borrower must
1 answer
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A borrower is repaying a loan with payments of $3000 at the end of every year over an unknown period of time. If the amount of
1 answer
asked by
Anonymous
1,099 views
As the interest rate increases, the opportunity cost of money:
A. Increases for both lender and borrower. B. Increases for the
1 answer
asked by
Psharp
708 views
A borrower has agreed to pay 10000 in 9 months at 10% simple interest. How much did this borrower receive?
1 answer
asked by
Sarah
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Which statement is true about an annual percentage rate (APR)?(1 point) Responses It is of little interest to the average
1 answer
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Which statement is true about an annual percentage rate (APR)?(1 point)
Responses It is of little interest to the average
1 answer
81 views
Final Settlement Statement
Contract sales price ( 1) $118,000.00 Settlement charges to borrower ( 2 ) $3,491.04 Gross amount due
3 answers
asked by
Tanyashand
81 views
Describe mortgage protection life insurance.(1 point)
Responses a contract between the lender and borrower which cancels all or
1 answer
110 views
Describe mortgage protection life insurance.(1 point)
Responses a contract between the lender and borrower which cancels all or
1 answer
asked by
Landon Sharp
30 views