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marishachu [46]
2 years ago
14

The amount of mortgage a person is eligible for will be larger when:

Business
1 answer:
Diano4ka-milaya [45]2 years ago
6 0

The amount of mortgage a person is eligible for will be larger when there is lower interest rate.

<h3>What is a mortgage?</h3>

This refers to an agreement that exist between a lender and a borrower in which a lender can take over the borrower's properties incase of any default in payment.

A mortgage is like a loan, obtained by a borrower with a promise to pay at a future date.

Learn more about mortgage here :brainly.com/question/24732162

#SPJ1

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A new hospital needs a computer that can support hundreds of users. What classification of computer does the hospital need?
vladimir1956 [14]
The answer to the given question above would be option B. If a <span>ew hospital needs a computer that can support hundreds of users, the classification of computer that the hospital needs is a mainframe computer. The level of reliability of this type of computer is very high because of their storage. Hope this helps.</span>
3 0
3 years ago
A firm negotiates a(n) _________ with its bank. This arrangement gives the firm access to a specified amount of unsecured short-
Vesna [10]

Answer:

<u>Line of credit </u>

Explanation:

A line of credit refers to a mechanism of availing short term credit from banks whereby a borrower is provided with a preset limit till which funds can be availed anytime.

As the borrower repays the money borrowed, the line of credit gets restored to the previous level provided it is an open line of credit.

Line of credit specifies the maximum limit till which money can be borrowed. The rate of interest and repayment time period are decided by the lender which is usually a bank.

Borrower is usually supposed to pay interest upon the money actually borrowed and not the full limit of the line of credit.

7 0
3 years ago
What is one of the main reasons why the need for effective communication on teams has been growing so much in the last few decad
siniylev [52]

Different insights and opinions in a collaborative setting can open up new better methods

5 0
3 years ago
1. Poverty is more than an economic problem, its a source of social discontent and political________; However, economic ________
horrorfan [7]

Poverty is more than an economic problem, it is a source of social discontent and political unrest;  economic development has reduced the proportion of people living below the poverty line.

<h3>What is poverty?</h3>

Poverty is shown as a deficiency of money and profitable resources to support long-term survival.

Hunger and starvation, restricted access to education and other basic services, social prejudice and exclusion, and a disinterest in decision-making are all examples of its expressions.

Poverty is a cause of social dissatisfaction and political upheaval; economic development has lowered the amount of people living in poverty.

Therefore, the poverty is a very big problem than the economic problem.

Learn more about the poverty, refer to:

brainly.com/question/10645433

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8 0
2 years ago
Buying food to feed your family, a lawn mower to care for your lawn, or a car to drive yourself to work are purchases with what
Nata [24]

Answer:

Rational Motive

Explanation:

A rational motive is the willingness to make an action based on logical and rational criteria

4 0
3 years ago
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