When approved for a loan, an individual essentially applied for aid in the area of...

Computers and Technology

1 answer:

arsen [322]3 years ago

7 0

Answer:

The correct answer is A. When approved for a loan, an individual essentially applied for aid in the area of increasing (and financing), as it implies an immediate increase in cash flow.

Explanation:

Every loan involves the delivery of money by a bank or a financial agency to a person or company, with the consideration that the latter will later return said amount, plus an additional amount for interest, within a specified period and may pay in a single payment and in full or through an installment plan. But, in any case, the immediate result of said loan is an increase in the cash flow of the person who obtains said loan, which can be used for the acquisition of goods or services, or to face different eventual expenses.

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