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3 years ago

Which term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?

Mathematics

1 answer:

Ivanshal [37]3 years ago

8 0

Answer:

Lien.

Step-by-step explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

Lien is a term which describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan. In order to be able to determine whether a borrower would default on the repayment of a loan, lenders usually check the credit score of the borrower.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

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Svetlanka [38]

Answer:

3√25 is irrational

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Step-by-step explanation:

6 0

3 years ago

Use the confidence interval to find the estimated margin of error. Then find the sample mean. A biologist reports a confidence i

Pavlova-9 [17]

Answer:

$\bar X = \frac{Lower +Upper}{2}$

$\bar X= \frac{1.9+3.3}{2}= 2.6$

And the margin of error with this one:

$\bar X = \frac{Upper-Lower}{2}$

$ME = \frac{3.3-1.9}{2}= 0.7$

Step-by-step explanation:

Assuming that the parameter of interest is the sample mean $\mu$ . And we can estimate this parameter with a confidence interval given by this formula:

$\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}$ (1)

For this case the confidence interval is given by (1.9, 3.3)

Since the confidence interval is symmetrical we can estimate the sample mean with this formula:

$\bar X = \frac{Lower +Upper}{2}$

$\bar X= \frac{1.9+3.3}{2}= 2.6$

And the margin of error with this one:

$\bar X = \frac{Upper-Lower}{2}$

$ME = \frac{3.3-1.9}{2}= 0.7$

7 0

4 years ago

HSMath easy 10 points yk the vibes

kramer

The answer is four because 2 x 0 is 0 and then 12 divided by 3 is for

THE ANSWER IS 4

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3 years ago

Suppose the juice boxes go on sale for $1.79 for the eight 4.23-ounce

lara [203]

Yes it does shegehehehavueheuwbuehwhwb

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3 years ago

Which of the following could be its equation?

mrs_skeptik [129]

So to solve problems like these you can work out each equation by substituting the x and y with the coords from the vertex (2,-4) and which ever one is true is the corresponding equation.

Lets try the first one

A) y = 2( x-2)^2-4 this would become

-4 = 2(2-2)^2-4 we solve this and get

-4 = 2(0)-4

-4 = -4

so it seems like A is the correct answer, of course we'd wanna check out the other answers just to be sure.

Lets try one and do C

C) -2 = 2(-4-2)^2+2

-2 = 2(-8)^2+2

-2 = 130

These aren't equal so this can't be our equation

So you can also do one more just to be super sure you have the right answer but I think A is the correct one :)

5 0

3 years ago