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So lets say that you pick 300 then you add 10 and you would get 310
The bank wants to give you an incentive to pay back the loan. If they did not hold your assets as collateral, you could simply fail to pay back the loan and really not lose anything other than your credit score. Many borrowers already have tarnished credit scores, so that is rarely enough incentive to base a loan on.
I would put this into your own words considering I copied and pasted it. Other than that I hope this helps!
There is no missing dollar what? I’m so confused like did one guy die or something?
They had a perfect place to plant food,
They had plentiful forests filled with animals, and they had lots of natural resources to build houses and stuff with
They cried as they went because they were leaving the land they loved, the land they had called home for so many years.