Why is it important to have a written lease? What should a rental contract include?
Answer to relevant QuestionsWhat does the loan-to-value ratio on a home represent? Is the down payment on a home related to its loan-to-value ratio? Explain.Use Worksheet 5.1. Damien Smart is trying to decide whether to lease or purchase a new car costing $18,000. If he leases, he’ll have to pay a $600 security deposit and monthly payments of $425 over the 36-month term of the ...What would the monthly payments be on a $150,000 loan if the mortgage were set up as:a. A 15-year, 6 percent fixed-rate loan?b. A 30-year ARM in which the lender adds a margin of 2.5 to the index rate, which now stands at ...Why do people borrow? What are some improper uses of credit?Describe the basic operations and functions of a credit bureau.
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