What are points? What is their function?
Answer to relevant QuestionsThe Childress family has applied for a $5,000 loan for home improvements, especially to install a new roof and add new carpeting. Bob Childress is a welder at Ford Motor Co., the first year he has held that job, and his wife ...James Smithern has asked for a $3,500 loan from Beard Center National Bank to repay some personal expenses. The bank uses a credit-scoring system to evaluate such requests, which contains the following discriminating factors ...The Bender family has been planning a vacation to Europe for the past two years. Tabb Savings agrees to advance a loan of $8,000 to finance the trip provided the Benders pay the loan back in 12 equal monthly installments. ...What factors seem to motivate most mergers?The Goldford metropolitan area is presently served by five depository institutions with total deposits as follows:Current DepositsGoldford National Bank....... $750 millionGoldford County Merchants Bank... 500 ...
Post your question