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2 years ago

If you need a mortgage for a home purchase, what should your first course of action be?

1 answer:

5 0

We can actually deduce here that if one needs a mortgage for a home purchase, the first course of action will be: C. Visit loan officers at various lending institutions and apply for the loan.

<h3>What is mortgage?</h3>

Mortgage refers to a loan that buyers of real properties place in order to raise funds which they can use to buy real estate.

Here are the options that complete the question:

A. Create a new loan for a new fishing boat

B. Ask your credit card company for just one credit score

C. Visit loan officers at various lending institutions and apply for the loan

D. Contact people that can advocate for your character and have them write letters of recommendation.

We see that one that needs mortgage for a home purchase, will first visit loan officers at various lending institutions and apply for the loan.

Learn more about mortgage on brainly.com/question/1318711

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3 years ago

You have been offered a project paying $300 at the beginning of each year for the next 20 years. What is the maximum amount of

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Answer:

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Explanation:

Giving the following information:

You have been offered a project paying $300 at the beginning of each year for the next 20 years. The rate of return is 9%.

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FV= {A*[(1+i)^n-1]}/i

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