To find Simon's maximum amount he can borrow against his home you will use the Home Loan Value Formula.
Home is worth: $400,000
Remaining balance: $175,000
Borrow: up to 75% on home
First, you'll want to take the market value of $400,000 and multiply it by 75% (.75) which gives you $300,000.
Then, you'll need to subtract what Simon owes on the home to find the amount he can borrow.
$300,000 - $175,000 = $125,000
Simon can borrow $125,000 against his home.
The right answer for the question that is being asked and shown above is that: "B. Shirley's car will appreciate in value." Shirley qualifies for a $12,000 auto loan and chooses a 36-month loan term versus a 60-month loan term. The shorter term of the loan affect Shirley is that her<span> car will appreciate in value.</span>
Answer:
Wetlands are highly productive and biologically diverse systems that enhance water quality, control erosion, maintain stream flows, sequester carbon, and provide a home to at least one third of all threatened and endangered species. ... improve water quality. provide wildlife habitat. maintain ecosystem productivity.
Answer:
A. The business cycle
Explanation:
A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.
There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.
Other periods of a business cycle may include peak, trough etc.
The right answer for the question that is being asked and shown above is that: "d. the place where stocks, bonds, and securities are traded." In the context of investing, the term market refers to d. the place where stocks, bonds, and securities are traded.<span>
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