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It is used:
- By the borrower to determine the amount of money that needs to be borrower, to assess whether the interest from the loan is worth the paying,
- By the borrower and lender, using the interest rate available, to determine how much the repayment will be each month (or year), and how long it will take to pay back the loan.
- By the lender, to assess the borrowers credit-worthiness (this may be carried out by a third party); to set an interest rate such that the risk of the borrower defaulting is balanced by the return on the loan.
What else can I help you with?
What is the math that goes Into raising a loan?
Maths you flipping plum, not math are you a bellend or what? I have never sucked a toe before, and even i know that it is maths, have never sucked a toe?
How does a loan officer use math everyday?
calculator
To study the wage of raising a loan of a car or a house?
check your monthly to buy a car
How long have the ranchers raising cattle in the US?
They started raising them in 1400 So they have been raising for 612 years! I'm answering this in 2012 so if you are checking this in a different year, then do the math! (:
What are the release dates for Raising Dad - 2001 The Math Problem 1-14?
Raising Dad - 2001 The Math Problem 1-14 was released on: USA: 15 February 2002 Germany: 27 November 2004
How do you use the word Raising in a sentence?
raising animals
What's the total on paid in spelling math?
The total on paid is the money that was giving back as a loan. This was used in math.
What should the equity be for a small business?
Raising money through equity investors allows you to use your cash to pay business startup expenses rather than large loan payments.
Can I use self raising flour for churros?
Yes you can use self raising flour for churros
How does engineering use math as a job?
Math (or maths) is not a job and so engineering does not use math as a job!Math (or maths) is not a job and so engineering does not use math as a job!Math (or maths) is not a job and so engineering does not use math as a job!Math (or maths) is not a job and so engineering does not use math as a job!
Can you use loan money to pay off another loan?
Yes, you can use a loan to pay off another loan. This is known as debt consolidation.
What are the cultural differences between raising American babies and Asian babies?
asian babies know math
