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Statement about installment loans is not true?
Installment loans are loans on which the interest is paid first and the borrower receives the proceeds.
Which statements about installment loans is not true?
Installment loans are loans on which the interest is paid first and the borrower receives the proceeds A+
What are the benefits of a low interest loan?
The biggest and most important and probably only true advantage of low interest loans is cost. This is especially true the longer and bigger the loans are. A few percentage points in interest can magnify your savings exponentially.
What is true of compound interest?
The power becomes greater the longer you keep your money and the interest in the bank.
How does a bank make money from issuing money market certificates?
They make money by taking the money that you have deposited and loaning it out to another individual, business, or bank at a higher interest rate than they are paying you. For example, they may be paying you 1.5% interest and then loaning the money in a mortgage at 6%. This is true of all interest-bearing accounts. When a bank issues a money market certificate it pays interest to the certificate holder in exchange for the bank being able to keep the money for a specified amount of time. During the time that the bank is holding the money they invest it at higher interest rates, such as mortgage loans. The difference between what they earn on the investments and what they pay in interest is profit for the bank.
Is it true that almost 600 new fast food restaurants were launched in 1996 thanks to government bank loans?
i am almost positive that is true!
Is it true or false that Tripoli is the capital of Libya?
It is true. Tripoli is the capital city and the largest city of Libya.
Which ststement about installment loans is not true?
One statement about installment loans that is not true is that they do not require regular payments. In reality, installment loans require borrowers to make fixed payments over a set period until the loan is fully repaid. Additionally, installment loans typically come with a predetermined interest rate, which means that the total repayment amount is known upfront.
True or false nubia arose in the reagion of presedent-day libya?
True
Did nubia arose in the region of present day libya?
no
The Department of Veterans Affairs guarantees home loans to veterans true or false?
Yes, they do. There are a few minor conditions, but any home loan agency or bank can use the VA to 'guarantee' a home loan.
True or false Nubia arose in the region of present-day Libya?
fales
