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Soloha48 [4]
3 years ago
8

Let’s suppose that a lender has established a 90% loan-to-value ratio cutoff as one of its primary underwriting criteria. If a b

orrower is willing to make a down payment of $125,000 on a home recently appraised at $550,000, what best describes the lender’s decision on whether or not to approve the loan along this dimension?
Business
1 answer:
sergey [27]3 years ago
8 0

Answer:

77.27% or

(17/22)%

The loan will accepted

Explanation:

property value 550,000

haircut 125,000

550,000 - 125,00 = 425,000 mortage value

425,000/550,000 = 77.27% = (17/22)%

The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.

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True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
weeeeeb [17]

Answer:

false

Explanation:

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5 0
3 years ago
suppose that glitter gulch, a gold mining firm, increased its sales revenues on newly mined gold from $100 million to $200 milli
Xelga [282]

With a 100 percent over the same period, change in real output is $0 million

With a 0 percent increase in price, the change in real output is $100 million.

What is the expected revenue based on 100% increase?

The expected revenue based on the 100% increase in price of mined gold is $200 million, which means that if the actual revenue is $200 million, then it means the real output change is $0.

However, if there was no 0% change in price of newly mined gold, then the real output change is the excess of the next year forecast sales revenue over the current year actual sales revenue which is $100 million($200 million-$100 million)

Find out more about percent change in sales on:brainly.com/question/15488277

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Full question:

Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $100 million to $200 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what numerical amount did Glitter Gulch’s real output change? If the price of gold had not changed, what would have been the change in Glitter Gulch’s real output

3 0
2 years ago
Suppose Dexter and Amy are the only members of a community that is trying to determine how much of a public good should be produ
Olin [163]

Answer:

c.

Explanation:

4 0
3 years ago
In terms of management levels, managers who make short-term operating decisions and direct the tasks of nonmanagerial personnel
Kryger [21]

Answer: First line manager

Explanation:

 The first line manager basically operate the various types of tasks in the specific department such as assigning the specific task, monitoring and also managing the overall overflow in an organization.

According to the given question, the first line manager is also known as supervisor where they can make the short team decisions and also directing the non-managerial task to the employees in an organization.

Therefore, First line manager is the correct answer.

8 0
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Naddika [18.5K]

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8 0
3 years ago
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