Given Alex's credit history, consider how the bank will likely view him.
The bank is likely to consider Alex a borrower.
As a result of his financial situation, Alex likely has a (n) credit score.
If he is granted the loan, his interest rate will most likely be than what others pay.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Given Alex's credit history, consider how the bank will likely view him. The bank is likely to consider Alex a borrower. As a result of his ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How much is $100 to be received in exactly one year worth to you today if the interest rate is 20 %?
Answers (1)
A new company plans to lose money for the first 5 years of its existence. They think they will lose $4,000,000 in year 1 and the losses are expected to decrease by $150,000 per year for the next three years.
Answers (1)
The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period.
Answers (2)
The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter into a short position on €1,000. At maturity, the spot exchange rate is $1.60/€. How much have you made or lost? A. Lost $100 B. Made €100 C.
Answers (2)
Consider the following production possibilities frontier model for an economy that produces only two goods: barley and tablets.
Answers (1)
New Questions in Business
Stock Y has a beta of 1.2 and an expected return of 12.1%. Stock Z had a beta of 0.8 and an expected return of 7.85%. The risk-free rate is 2.4% and the market risk premium is 7.2%. Are these stocks correctly priced
Answers (1)
Which of the following market entry strategies require the lowest level of investment from a company? A. Indirect exporting B. Direct exporting C. Joint venture D. Joint ownership
Answers (1)
Video Planet ("VP") sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by VP staff.
Answers (1)
Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or service can change. The amount of a good or service always remains the same. The amount of a good cannot change.
Answers (2)
What is the strongest predictor that a student will drop out of school? a. Willingness to try harder b. Lack of will to succeed c. Family characteristics d. Low GPA
Answers (2)