Answer: A. No, because he is taking out more debt then he will ever be able to pay back.
Explanation:
Getting the finance to foot one's bills could come from many different sources, one of which is to put in for a loan. However, the advice to secure a loan might best be given by a finance expert who has the knowledge and expertise required to adequately access the value of the loan, the probable return on investment and ayher embedded considerations. In the scenario given above, taking out a loan of up to $100,000 in other to target the job of finally landing a teaching job at a nursery school which would on average return a meagre pay than cannot be pitted with the loan value would be considered unreasonable on average by a finance professional simply because the return on investment will probably be nothing near the value of the loan. This way, the debt incurred from due to the loan application may never be returned from the intended job.
Dont think negative, think positive
Answer: Debt-to-income (DTI) ratio
Explanation: The DTI ratio is one that considers the customer's debt relative to his disposable income (income available for spend after personal income tax deduction). The ratio varies from bank to bank. It is the number one thing a bank considers before granting a loan facility to a customer.
The fact that a customer is paying off all its due loan obligations in a timely manner without any default does not mean he is liable to obtain a loan facility if his DTI ratio is on the high side. If the DTI ratio is on the high side, it means the customer's debt is absorbing the substantial portion of the disposable income. To enable the customer get more facilities, <em>it is expected that the disposable income too should increase or better still if the customer can enhance / increase his earning capacities. </em>
Answer:
The correct words for the blank spaces are: straight bio; narrative bio.
Explanation:
Straight biographies relate objective, factual events of an individual. Using this approach the relevant information of that person over a certain topic is provided moreover when there is an intention of remarking a special prize or responsibility that person was given. On the other hand, narrative bio implements subjective opinions about one individual including memories of that person to make the audience have an idea of why the author of the article thinks in such a way of that person.
Then, <em>when announcing an individual who has recently been assigned an important managerial charge, it is more suitable to use the straight bio rather than the narrative bio to show the person earned that position by merit and not preference.</em>
Answer:
Cost price formula = Cost + Profit
Explanation:
The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.