Jane is purchasing a property for $310,000 and plans to finance $250,000. what is the loan-to-value ratio 1. 79% 2. 81%
The study of money, money systems, and capital assets is a part of the discipline of finance. It is related to economics, but they are not the same. Economics is the study of the creation, transfer, and consumption of money, assets, goods, and services. A variety of financial activities are supported by financial systems, therefore the field of finance can be broadly divided into three categories: personal, corporate, and public. Assets like cash, loans, bonds, shares, stocks, options, futures, etc. are bought, sold, or traded as financial instruments in a financial system. To improve value and reduce loss, assets can also be banked, insured, and invested in. In actuality, every financial transaction and business has some level of risk.
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