Answer: Interest rates on home equity loans are typically lower than rates for unsecured personal loans or credit cards, because your home is used as collateral. You can use the money for virtually any purpose. You have the freedom to use your loan to buy an investment property, start a business or fund another goal.
Explanation:
Home equity loan has a lot of advantages, because the one lending you the money sees you as capable of paying back based on your property being used during the loan or they would take that property when you're unable to pay back. One of the advantages is that you can borrow money anytime up till an approved amount, their interest rates are low and you can use the money for virtually any purpose all because your property is the collateral
Answer:
The widespread use of paper and printing were features of ancient China ... Traditionally, paper was invented in the early 2nd century CE, but there is ... and, for larger transactions, merchants still preferred the greater security of silver ingots. ... Around 1023 CE, in order to indicate what money they had on ...
Explanation:
Economic factors including especially the level of technology attained by a particular society and the economic relations into which men enter on the basis of that technology exert a decisive influence on the course of political, social, and intellectual evolution is known as economic interpretation.
<u>Explanation:</u>
An Economic Interpretation of the Constitution of the United States argues that the structure of the Constitution of the United States was motivated primarily by the personal financial interests of the Founding Fathers; Beard contends that the authors of The Federalist Papers represented an interest group themselves.
Basically, Beard argued that the U.S. Constitution was adopted in order to protect the rights and interests of the wealthy, upper-class members of society. The 'Founding Fathers' were members of this upper-class group.
