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Mkey [24]
4 years ago
12

Which term describes that right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?

Mathematics
2 answers:
faltersainse [42]4 years ago
8 0

Answer:

The term is called Lien.

Step-by-step explanation:

A collateral is something that is kept against the loan and collateral has usually more value than the loan value.

It can be seized if the loan is not repaid. When the borrower defaults, the lender can seize the property and sell it to recoup his loan amount.

This term is called Lien.

Lien gives the right to a lender, where he can sell off the collateral, to get back his money if the borrower fails to repay.

Pie4 years ago
3 0

Answer:

Lien

Step-by-step explanation:

The correct answer to this question is  "Lien". This is the term that describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan is called the lien. Hope this helps answer your question.

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Jharana got Rs.1881 interest of certain sum for 2year at 9% compounded yearly.find the sum.​
Lana71 [14]

The principal sum is Rs.10,000

Step-by-step explanation:

The formula of compound interest is:

I=P(1+\frac{r}{n})^{nt}-P where:

  • I is the interest
  • P is the principal investment amount (the initial deposit or loan amount)
  • r is the annual interest rate (decimal)
  • n is the number of times that interest is compounded per unit t
  • t is the time the money is invested or borrowed for

Jharana got Rs.1881 interest of certain sum for 2 year at 9%

compounded yearly

∵ I = Rs.1881

∵ r = (9/100) = 0.09

∵ n = 1 ⇒ compounded yearly

∵ t = 2 years

Substitute all of these values in the rule above

∴ 1881=P(1+\frac{0.09}{1})^{(1)(2)}-P

∴ 1881 = P(1 + 0.09)² - P

∴ 1881 = P(1.09)² - P

∴ 1881 = 1.1881 P - P

∴ 1881 = 0.1881 P

- Divide both sides by 0.1881

∴ P = 10,000

The principal sum is Rs.10,000

Learn more:

You can learn more about the interest in brainly.com/question/11149751

#LearnwithBrainly

3 0
3 years ago
Determine points of a function that have horizontal or vertical tangent lines f(x)= (2x^3+3)/((x-1)
yan [13]
Answer:

as x tends to infinity y=infinity

as x tends to 1 y=infinity

x=1 vertical asymptote
6 0
3 years ago
A study of a new medication found that patients who took the medicine have reduced blood pressure, compared to those who did not
stellarik [79]

Answer:

They most likely used an experiment with patients randomly assigned to take the medicine or not take the medicine

Step-by-step explanation:

I got it correct on my test for sure!

8 0
3 years ago
What percent of 600 is 12
Hitman42 [59]
<span>What percent of 600 is 12?
In order to get what percent of 600 is 12, we need to formulate the equation.

12 = ___ * 600
12 = 600P
P = 12 / 600 
P = 0.02

Percentage must be in hundred. So multiply 0.02 by 100
= 0.02 * 100
= 2%

So, 2% of 600 is equal to 12.</span>
7 0
3 years ago
PLS help me fast!!!!
Radda [10]

Answer:

The correct option is 1.

Step-by-step explanation:

It is given that the box plot shows the number of books sold each day at a store for 80 days.

A box plot is drawn with end points at 0 and 16.  It means minimum value is 0 and maximum is 16.

The box extends from 2 to 12. It means first quartile is 2 and the third quartile is 12. A vertical line is drawn inside the box at 7, it means median is 7.

He have to find the number of days in which the bookstore sell 2 to 12 books.

2 is first quartile and 12 is third quartile, we know that

Q_1=25\%

Q_3=75\%

Q_3-Q_1=75\%-25\%=50\%

The data lies between Q₁ and Q₃ is 50% of the data.

80\times \frac{50}{100}=40

The bookstore sell 2 to 12 books in 40 days.

Therefore, the correct option is 1.

5 0
3 years ago
Read 2 more answers
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