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3 years ago

A loan officer will use _____ to determine if you will be approved for a loan

2 answers:

6 0

The best word would be credentials. A loan officer will use your credentials in order for them to determine if you are rightful to have a loan. These credentials might contain information about you. It may contain your financial status, your credibility in paying your bills.

wlad13 [49]3 years ago

3 0

The correct answer would be :

The Four C's Of Lending

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MICROECONOMICS Assignment. ANYONE WHO CAN COMPLETE THIS OR HELP ME WITH HOW TO DO IT ON MY OWN. It would be greatly appreciated.

Vinil7 [7]

So this question is too complicated for a forum like this to answer all parts.

I can help with a few of the first ones.

A. To figure opportunity costs, you find the ratio between producing all wine versus producing all butter.

In this case Germany: if Germany only produces wine they make 300 units. If they only make butter they make 1200 units. So the opportunity costs would be 1200/300 or 4. For every one unit of wine, you give up 4 units of butter.

B. Absolute advantage is the country the can produce the most units overall.

C. Comparative advantage is the country that has the capability of producing the most of one specific product. I.E. who can produce the most butter or wine.

D. I cannot draw that here.

E. I would rethink the answer on your sheet. Think about the above example of opportunity cost. Is it worth Tom Brady giving up time thinking about football to mow his lawn? How much opportunity cost would be there?

4 0

3 years ago

Nathan's budget line measures tacos on the x-axis and side salads on the y-axis. When the price of a taco rises, Nathan's bu

r-ruslan [8.4K]

Answer:

Nathan's budget line __rotates inward ____ and he moves to a ____lower__ indifference curve.

3 0

3 years ago

After firm A producing one good acquired another firm B producing another good, it lowered the prices for the bundle of goods. O

Arturiano [62]

Answer:

Substitute goods

Explanation:

A fall in the amount of a suitable replacement triggers a change in production and a change of the quantity demanded. An rise in the pricing of one substitute good induces an increase in demand over the other effect is an increase in the consumption for Omni Cola and a rightward change of the demand curve.

8 0

3 years ago

Steve's stock portfolio makes a five percent gain and he sells a portion of his holdings. Under which heading on the chart would

notsponge [240]

Answer:

Wages, Rent, and Dividends; Steve would pay the government more in the form of taxes

Explanation:

4 0

3 years ago

Lang Warehouses borrowed $146,960 from a bank and signed a note requiring 10 annual payments of $19,032 beginning one year from

Oksanka [162]

Answer:

The interest rate is 5%

Explanation:

Loan amortization is a method of loan repayment where a series of equal periodic installments is made by the borrower to offset the entire loan obligation. Each equal repayment covers the interest due on the loan so far and a portion of the principal amount.

At the beginning of the loan contract, the borrower is usually provided with information on the number of equal repayment installments that, if consistently paid, would offset the entire loan obligation (principal plus interest)

This is determined as follows:

repayment installment= Loan amount/Annuity factor

A special table called the Present Value of Annuity table is used to determined the annuity factor. All you need to use the table is the loan repayment period (years) " N " and the agreed interest rate " r "

So we apply this to question:

19,032= 146,960/ Annuity factor

Annuity factor= 146,960/19,032= 7.7217

We can look up this same figure in the table, to ascertain the the number of years and the rate rate. The number of years is already given as 10.

So we look up for the figure 10 under the the column labeled "n" , trace it through the row vertically to locate 7.7217. The rate that gives this figure is the applicable interest rate. This rate will be located by tracing upward from the point where we found 7.7217.

The interest rate is 5%

8 0

3 years ago