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malfutka [58]
3 years ago
12

Why are job security, credit history, and debt-to-income ratio so important to lenders when considering people for loans?

Mathematics
1 answer:
yaroslaw [1]3 years ago
5 0

These are important parameters that give signals of an individual's ability to repay the loan. This is an indication of the financial health and profile of the payer, which serves to give lenders insight into the borrower's conduct and repayment potential. Thus, the more information lenders have about borrowers, the lower the risk of default. Banks often use all this information and more when it comes to lending.

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2.8% of 45 is what number? <br><br>I need the percent equation, the proportion, and the solution
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3 years ago
Mr. Grant's credit card bill was $2,684.72. If he has already paid off $1,865.24 of the amount due, how much more does he have t
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2 years ago
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Francine has a piece of wood that is five 5 5/12 feet long she uses three 3 1/4 feet of the wood from a science project how much
zhannawk [14.2K]

Answer:

4/3 ft

Corrected question;

Francine has a piece of wood that is five 5/12 feet long she uses three 1/4 feet of the wood from a science project how much for just Francine have left.

Step-by-step explanation:

Given;

Francine has a piece of wood that is five 5/12 feet long.

Total amount of wood T = 5 × 5/12 ft = 25/12 ft

she uses three 1/4 feet of the wood from a science project.

Amount of wood Used U = 3 × 1/4 = 3/4 ft

The amount of wood left equals the total amount of wood minus the amount of wood used;

The amount of wood left L = T - U = 25/12 - 3/4

L = 25/12 - 9/12

L = 16/12

L = 4/3 ft

6 0
3 years ago
To solve the equation t? - t = 12 by factoring, you would use
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4 0
2 years ago
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8/3T=4/1T<br> Could you help mi solve it pls
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