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hjlf
2 years ago
5

Select the correct answer. Tracy applied for a home loan from her bank. The bank is willing to give her the loan but at a very h

igh interest rate. Why do you think the bank is charging her a high interest rate? A. low amount of credit left B. good payment history C. bad payment history D. high number of bank accounts
History
1 answer:
dlinn [17]2 years ago
4 0

Answer:

C. Bad payment history

Explanation:

Since she has a bad payment history, the bank is likely to get a lot of interest  out of her.

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The statement is true of a household budget is Income should be more than expenses. Thus the correct answer is C.

<h3>What is the budget?</h3>

The budget is an estimation that records our financial expenses over the income. It helps to control the expenses and by remembering about the income. It helps in setting up limitations on spending.

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