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3 years ago

If you need a home loan or a small business loan, you’ll talk to:

Business

2 answers:

____ [38]3 years ago

8 0

I am not 100% sure but I think it would be B a loan officer

Elena-2011 [213]3 years ago

3 0

Hello there!

Answer:

Your answer would be a Loan Officer

Explanation:

The reason why a "Loan Officer" would be the correct answer is because Loan officers are the ones that deal and give out loans. Whenever you go out to get loans, you would find consultants that are loan officers, they are the ones that are very "knowledgeable" / "expert" at loans, and they would help you out for loans.

Why the other answers are incorrect:

An accountant DOES NOT deal with loans, due to the fact that an accountants job is to keep track of " numbers" / "sales" / "etc" in a business, and doesn't have the right to give someone a loan. It's not in their "expertise"

A bank manager DOES NOT deal with loans. A bank manager's job is to pretty much manage a bank and make sure that everything is going well in thee bank. Even though loans have to do with money, you don't go to a bank manager for a loan, you go to the loan officer.

A financial planner DOES NOT deal with loans either. What they do is make a financial plan for a business, what this means is that they find the financial status of a business from a period of time, or plan out how the business is going to use its money.

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Online companies create a ________consumers gain information that turns them into sophisticated customers, opportunities to cust

Ganezh [65]

Answer:

a value exchange

Explanation: Hope this help:)

3 0

2 years ago

Type the correct answer in the box. Spell all words correctly.

Cerrena [4.2K]

Explanation:

Donna is going to engage in

buying raw materials?

3 0

2 years ago

Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at

Ivenika [448]

Answer:

c) $110,000

Explanation:

The computation of the borrowing amount is shown below:

= Value of home × given percentage - current mortgage amount

= $200,000 × 80% - $50,000

= $160,000 - $50,000

= $110,000

For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.

Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.

7 0

3 years ago

Analysts are forecasting LifeTech Corporation's common stock price to be $120 at the end of one year. Also, LifeTech will pay a

devlian [24]

Answer:

Price to pay now for the stock = $96.278

Explanation:

The price of the stock would be the present value(PV) of the future cash flow expected from it discounted at the required rate of 13%

Hence we would add the present value of he dividend and the resent of he price at the end of the period

PV = CF × (1+r)^(-n)

CF- Cash Flow

R- rate of return- 13%

n- number of years

PV of dividend = 2.60 × (1.13)^(-1) = 2.30

PV of stock price after a year = 120× (1.13)^(-1) = 93.97

Price to pay now for the stock = 2.30 + 93.97 = $96.278

Price to pay now for the stock = $96.278

5 0

3 years ago

Cal Lury owes $25,000 now. A lender will carry the debt for four more years at 10 percent interest. That is, in this particular

vitfil [10]

Answer:

$6,185.31

Explanation:

Value of debt at end of 4 years = $25,000 * (1 + 10%)^4

Value of debt at end of 4 years = $25,000 * (1.10^4)

Value of debt at end of 4 years = $25,000 * 1.4641

Value of debt at end of 4 years = $36,602.50

Let x be the annual payments

x * [1 - (1 + 13%)^-12] / 13% = $36,602.50

x * [1 - (1.13)^-12] / 13% = $36,602.50

x * [1 - 0.2307059] / 13% = $36,602.50

x * 0.7692941/0.13 = $36,602.50

x * 5.91764692 = $36,602.50

x = $36,602.50/5.91764692

x = 6185.313266375142

x = $6,185.31

So therefore, his annual payment will be $6,185.31.

4 0

3 years ago