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2 years ago

What institution will Martha's lender check before granting or denying a loan or mortgage to Martha?

Business

1 answer:

aalyn [17]2 years ago

6 0

Answer:

A credit bureau

Explanation:

A credit bureau is a agency which collects the credit history of consumers so that creditors can make decisions about granting loans. So the only logical choice is for Martha's lender to check with them to get her credit history before denying or granting her a mortgage or loan.

You might be interested in

Which of the following is something that is marketed?

fenix001 [56]

All of the above are marketed

5 0

3 years ago

"You need to have $15,000 in five years to pay off a home equity loan. You can invest in an account that pays 5.75 percent compo

Nana76 [90]

Answer:

I have to invest $11364.

Explanation:

The formula of Compound Interest is:

$A = P(1+\frac{r}{n})^{nt}$

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.

Putting all these values in above formula:

$15000 = P(1+\frac{0.0575}{4})^{4\times5}$

⇒ $15000 = P(\frac{4.0575}{4})^{20}$

⇒ $15000 = P(1.014)^{20}$

⇒ $15000 = P(1.320)}$

⇒ P = 11364

Hence, I have to invest $11364 for 5 years.

4 0

3 years ago

Sauber's washer-dryer is available in four stylish finishes: stainless steel, pearl white, gunite gray, and obsidian. Although t

gizmo_the_mogwai [7]

Answer:

a and b

Explanation:

Religious orientation has nothing to do with how much money to spend or what machine to use

6 0

3 years ago

In the framework of monopolistic competition, which of the following is not a possible outcome for a firm that runs a successful

castortr0y [4]

Answer:

The correct answer is A)

Explanation:

When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.

A market system characterized as monopolistic competition may never achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.

Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.

Cheers!

5 0

3 years ago

The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0

meriva

Answer:

$209,000

Explanation:

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials $64,000

Direct labor cost $94,000

Manuf. overhead cost applied to WIP $68,000

Total manufacturing costs $226,000

Add: WIP Inventory, Beginning $24,000

Less: WIP Inventory, Ending $19,000

Cost of goods manufactured $231,000

Add: Beginning Finished goods $53,000

Less: Ending Finished goods $57,000

Unadjusted cost of goods sold $207,000

Add: Underapplied manuf. overhead $2,000 ($70,000-$68,000)

Adjusted cost of goods sold $209,000

4 0

3 years ago