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LuckyWell [14K]
1 year ago
6

_______ is considered the marketspace that bring lenders and borrowers together.

Business
1 answer:
nika2105 [10]1 year ago
3 0

<u>The financial market</u> is considered the marketspace that bring lenders and borrowers together.

The Financial markets is considered any marketplace where the trading of securities may occurs, including the  bond market, stock market, forex market, and derivatives market, and many others. This way financial market  bring lenders and borrowers together.

These financial markets play a great role in facilitating the smooth operation of the capitalist economies, thus by allocating resources and creating liquidity for businesses and entrepreneurs. Also, such markets trade in all types of securities.

Hence, these financial markets make it easy for buyers and sellers to trade their financial holdings while coming together.

To learn more about financial markets here:

brainly.com/question/16623249

#SPJ4

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<h2><u>Answer:  </u></h2>

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The monthly payment is $386.67.

<h3>What is the monthly interest rate?</h3>
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  • APR, on the other hand, is the annual percentage rate charged on a loan for a year.

So,

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Therefore, the monthly payment is $386.67.

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