The correct option is B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses. A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
Answer:
The programmer can get $20,250
Explanation:
Take the amount of 300,000 multiple by the point the programmer is worth then divide by the total points for the employees.
300000*27/400= 20250
Answer:
Monthly Repayment on Loan = $2634.06
Explanation:
given data
principal = $552,000
annual interest rate = 4% = 0.333% monthly
solution
for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months
so now we apply here Monthly Repayment on Loan formula that is
Monthly Repayment on Loan = principal ×
.................1
put here value and we get
Monthly Repayment on Loan = 552000 ×
Monthly Repayment on Loan = $2634.06
A job shadow. is the answer
This is a profit, which increases next year's budget.