Question
________ calculate income ratios such as the PTI to assess the applicant's ability to pay. These ratios compare the ________ that the applicant would have
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________ calculate income ratios such as the PTI to assess the applicant's ability to pay. These ratios compare the ________ that the applicant would have to pay if the loan is granted to the applicant's monthly income.
A. Borrowers; monthly payment
B. Lenders; annual payment
C. Lenders; monthly payment
D. Borrowers; annual payment
E. Borrowers; total payment
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
