An online lender offers $3,500 consumer loans and their are two types of borrowers, high & low. high types repay with probability 1 and low types repay with prob. 0.82. after screening the lender estimates that approved borrowers are type high with prob. x and type low with prob. 1-x. if the bank wants to charge an interest rate of 10%, what is lowest x that will allow this?

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

Which of the following housing decisions provides a person with both housing and an investment? a. selling a share in a cooperative. b. buying a single-family home. c. renting an apartment. d. subletting a condominium. 2b2t

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)