If a Veteran wanted to buy a $60,000 house in a city with a population of 100,000 people, which of the following loans could he NOT apply for? a. VA loan
b. FHA loan
c. RECD loand. Conventional loan

RECD loan

Explanation:

RECD , an acronym for rural economic development loan is a type of loan, either guaranteed or direct, specifically meant for the funding of rural projects by utilizing organizations , with creation and retention of rural jobs as one of its benefit.

A city with a population of 100,000 people is apparently not mis-classified as a city. , and on that note , RECD is not applicable to it.

The other types of loans like the VA and the conventional loans can be utilized to finance the acquisition of properties in a city settlement.The FHA can also acts as an insurance .

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a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.