The answer is A. Contact  the local credit bureau and inform it of the billing error.
        
             
        
        
        
Answer:
1.30%
15.60%
16.77%
Explanation:
The monthly return is the amount payable monthly divided  by the current price of the investment vehicle.
monthly return=$1500/$115,000=1.30%
Annual percentage return=monthly return*12=1.30%
*12=15.60%
Effective annual return=(1+1.30%)^12-1
EAR=1.167651776
-1
EAR=16.77%
 
        
             
        
        
        
Answer:
They dont earn no more than $28,000 a year
 
        
                    
             
        
        
        
Yes he should be because people had higher expectations
        
             
        
        
        
A similarity between mortgages and auto loans is that both are less risky for lenders.
Lenders are the ones who lend money to those who need it urgently, in the form of a mortgage, or perhaps an auto loan. This money is going to be repaid monthly, or in whatever way the contract stipulates. It is less risky for the lender because legally, this has to be repaid.