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gtnhenbr [62]
3 years ago
15

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

Mathematics
2 answers:
Sunny_sXe [5.5K]3 years ago
7 0

Answer:

Step-by-step explanation:

They are very important because they show how likely the person being loaned to is going to pay the money back.

MArishka [77]3 years ago
3 0

Explanation:

<em>Job security</em> is how likely an individual will keep his job, this factor will determine if the person has a constant and secure money income.<em> Credit history</em> is the individual's ability to repay debts and it demonstrates how responsible the person is. Finally, the<em> debt to income</em> is how lenders measure the individual's capacity to manage their payments.

<em>Therefore, all these factors are important because they all measure the individual's capacity to pay their debts.</em>

I hope you fidn this information sueful and interesting! Good luck!

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Precal : Note: Triangle may not be drawn to scale. Suppose a = 3 and A = 15 degrees
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Given:

In a right triangle at B,

\begin{gathered} a=3 \\ A=15^{\circ} \end{gathered}

To find:

The length of the sides b and c and angle B.

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Using the trigonometric ratio,

\begin{gathered} sinA=\frac{a}{c} \\ \sin15^{\circ}=\frac{3}{c} \\ c=\frac{3}{\sin15^{\circ}} \\ c=11.59 \\ c\approx11.6 \end{gathered}

Using the trigonometric ratio,

\begin{gathered} \tan A=\frac{a}{b} \\ \tan15^{\circ}=\frac{3}{b} \\ b=\frac{3}{\tan15^{\circ}} \\ b=11.19 \\ b\approx11.2 \end{gathered}

Using the angle sum property,

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Final answer:

The values are,

\begin{gathered} b=11.2 \\ c=11.6 \\ B=75^{\circ} \end{gathered}

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