1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SIZIF [17.4K]
3 years ago
15

Why is credit history such an important factor in being considered for a loan? a. Credit history shows how responsible people ar

e in making payments on time and their general ability to make monthly payments. b. Credit history shows a bank precisely how many valuable things a potential borrower owns. c. Credit history shows that a person is willing to make extreme sacrifices in order to borrow money. d. Credit history is only helpful when applying for a personal loan.
Mathematics
2 answers:
Mama L [17]3 years ago
6 0

Answer:

The answer is A.  Credit history shows how responsible people are in making payments on time and their general ability to make monthly payments

Step-by-step explanation:


svlad2 [7]3 years ago
6 0
<h2>Answer:</h2>

Option A is the correct answer.

Step-by-step explanation:

The credit history of a person is an important factor, that banks consider while giving loan to that person. Credit history reveals a person's financial history, if he has defaulted out any payment or he has a good credit score etc. If all is good as per the bank, then he will be granted loan. This history tells if a person is reliable or not.

So, the correct answer is option A.

Credit history shows how responsible people are in making payments on time and their general ability to make monthly payments.

You might be interested in
Twelve people each have a standard deck of cards. Each person shuffles the deck and draws two cards (without replacement). Anyon
Vlad [161]

Answer:

5

0.9990

0.0401

Step-by-step explanation:

1) Probability(diamond) = 13/52 = 1/4

Probability(not diamond) = 1 - 1/4 = 3/4

Probability of atleast one diamond = 1 - probability of no diamonds

= 1 - (¾ × ¾) = 1 - 9/16 = 7/16

Expected no. = np = 12 × 7/16

= 5.25 = 5 (nearest whole no.)

2) let X be the no. of people winning the prize.

Then X ~ B(12, 7/16)

[ X follows a Binomial Distribution with 12 trials and probability of success (winning prize) = 7/16 ]

P(atleast 1 winning) = 1 - P(X=0)

= 1 - (9/16)^12

= 0.9989966087

= 0.9990 (4 dp)

3) P(X=2) = 12C2 × (7/16)² × (9/16)^10

= 0.0400613268

= 0.0401 (4 dp)

7 0
3 years ago
Which statements are true?
Genrish500 [490]

Answer:

All parallelograms are quadrilaterals

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Use the given triangle to fill in the blank
Vilka [71]

Answer:

12/13

Step-by-step explanation:

4 0
3 years ago
If Logx (1 / 8) = - 3 / 2, then x is equal to<br> A. - 4<br> B. 4<br> C. 1 / 4
Fudgin [204]

Answer:

B. 4

Step-by-step explanation:

Given :

log_x(\frac{1}{8})=-\frac{3}{2}

The logarithm function can be converted to an exponential function as

[\log_ab=c] can be expressed as [a^c=b]

Similarly for the given expression

log_x(\frac{1}{8})=-\frac{3}{2}

We can write,

x^{-\frac{3}{2}}=\frac{1}{8}

Using property of negative exponents [a^{-b}=\frac{1}{a^b}]

\frac{1}{x^{\frac{3}{2}}}=\frac{1}{8}

So we can write that  as:

x^{\frac{3}{2}}=8

Writing the exponents in radical form as a^{\frac{b}{c}}=(\sqrt[c]{a})^b

(\sqrt{x})^3=8

Taking cube root both sides to remove the cube.

\sqrt[3]{(\sqrt{x})^3}=\sqrt[3]{8}

\sqrt x=2

Squaring both sides to remove square root.

(\sqrt x)^2=2^2

∴ x=4

8 0
4 years ago
Acute isosceles<br> obtuse isosceles<br> acute scalene<br> equiangular equilateral
zhenek [66]

Answer:

obtuse isosceles

Step-by-step explanation:

isosceles angles

7 0
3 years ago
Other questions:
  • Marcus and Cody both leave the park at the same time, but in opposite directions. If Cody travels 6 mph faster than Marcus and a
    10·1 answer
  • Graph the inequality.<br> Match the graph to the correct inequality below.
    14·1 answer
  • Lisa makes a cherry pie and an apple pie. She cuts the cherry pie into six equal wedges and she cuts the apple pie into eight eq
    15·2 answers
  • Given the functions f(n) = 11 and g(n) = −2(n − 1), combine them to create an arithmetic sequence, an, and solve for the 31st te
    7·1 answer
  • ​Dolbear's law states the relationship between the rate at which Snowy Tree Crickets chirp and the air temperature of their envi
    12·1 answer
  • Which two values of x satisfy the equation square root 3-2cos x = 2?
    10·1 answer
  • Select all the correct functions.
    14·1 answer
  • Evaluate what’s in the picture.
    5·1 answer
  • Question 3 (10 points)
    9·2 answers
  • On the set of axes below, solve the following system of equations graphically and state the coordinates of all points in the sol
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!