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Setler [38]
4 years ago
6

Because an applicant needs to be able to prove that they can pay a mortgage payment for the entire life of a loan, lenders are a

llowed to factor in someone's age when approving or denying them for a loan.
a. Trueb. False
Business
1 answer:
Mila [183]4 years ago
8 0

Answer:

TRUE

Explanation:

In the case of long term loans and financing, the age of the applicant is an analytical parameter that the lender takes into consideration. This is because these loans are long and an older person is more likely to die before the installment ends. It is therefore more difficult for an elderly person to finance a home than a 30-year-old, for example.

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Which of these contributes to a budget deficit? . A. Buying bonds and decreasing spending on federal programs. B. Decreasing tax
Aliun [14]
Definitely, the correct answer on the question represented above is B.Decreasing taxes and increasing spendingon federal programs. <span>Taxes are needed to help the government pay for  important common things, for example - social programs, common goods. And if we limit taxes in order to increase the avings, it will lead to deficit. </span>
8 0
3 years ago
Blake was asked by his team leader to explore and evaluate the best ways to communicate with customers online. Although Blake is
eduard

Answer:true

Explanation:

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7 0
4 years ago
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Which property transaction would most likely be EXEMPT from fair housing laws in Ohio (assuming that no real estate licensee was
CaHeK987 [17]

Answer:

The correct option is A: two-unit apartment owned by a church that will rent only to members of its faith

Explanation:

Under Ohio housing laws, the only exempt property would be the church apartment. Under the Ohio laws, religious organizations are allowed to give preference of occupancy to their members as long as all members have the same right and there is no racial, origin, or color restriction.

5 0
3 years ago
A company is considering investing in a new machine that requires a cash payment of $47907 today. The machine will generate annu
swat32

Answer:

12%

Explanation:

Calculation for the internal rate of return if the company buys this machine

Using this formula

IRR = Initial investment/Annual Cash flow

Where,

Initial investment =$47,907

Annual Cash flow =$19,946

Let plug in the formula

IRR= $47,907/$19,946

=2.402

Using PV factor table = 2.402

IRR = 12%

Therefore internal rate of return if the company buys this machine will be 12%

8 0
4 years ago
Coyote Loco, Inc., a distributor of salsa, has the following historical collection pattern for its credit sales.
Anna [14]

Answer:

80 perent...

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3 years ago
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