______ Are Loans Made to Borrowers with Poor Credit Ratings

question 125

Multiple Choice

______ are loans made to borrowers with poor credit ratings.

• A)Low value mortgages
• B)Prime mortgages
• C)Corporate mortgages
• D)Subprime mortgages

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Definitions:

Annuity

An investment vehicle that offers a steady flow of income to an individual, commonly utilized in retirement planning strategies.

Interest Rate

This is the percentage of a loan or deposit amount charged as interest to the borrower or paid to the investor, respectively, typically expressed on an annual basis.

Equivalent

Equivalent refers to something being equal in value, function, or meaning, often used in financial contexts to compare different financial instruments or investments.

Cash Flows

The entirety of funds transferred inwards and outwards of a business, which is vital for maintaining operational liquidity.