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Amiraneli [1.4K]
3 years ago
15

What best explains the relationship between a borrower’s credit score and a down payment requirement?

Business
2 answers:
grin007 [14]3 years ago
7 0

Answer:

B.Someone with a high credit score may be required to make a lower down payment.

Explanation:

A down payment is an initial payment that is made when you are buying things like real state or a car and the rest of the payment is made with a loan. So, when people ask for a loan to the bank, the amount approved and the initial payment are affected by the credit score the person has. If the person has a high credit score, he/she can get a higher loan which will require a lower down payment but if the person has a low score, then that person will get a lower amount and will require a higher down payment so the bank will be willing to lend the money. According to this, the sentence that best explains the relationship between a borrower’s credit score and a down payment requirement is someone with a high credit score may be required to make a lower down payment.

Likurg_2 [28]3 years ago
5 0
The one that best explains the relationships between borrower's credit score and a down payment requirement is : 
B. Someone with a high credit score may be required to make a lower down payment
Someone with high credit score usually correlated with Economic stability

hope this helps
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a company budgets production of 15,000 solar panels in july. each unit requires 4 hours of direct labor at a rate of $20 per hou
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= 15,000 * 4 * $20

= $ 1,200,000

Answer: $ 1,200,000

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look-alike tasteeos sell for far less than the market-leading cheerios brand. which market follower strategy is being employed b
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A survey of 1000 executives ranked _____________ at the top, as the ideal manager's skill. a. listening b. conflict resolution c
kotegsom [21]

Answer:

The correct answer is letter "A": listening.

Explanation:

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3 years ago
Who do i write the check to for speeding ticket?
uysha [10]
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3 years ago
Read 2 more answers
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
3 years ago
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