English, asked by sundar75, 9 months ago

study ways of raising a loan to buy a car or house example bank loan or purchase of refrigerator or television set through hire purchase ​ on maths

Answers

Answered by shifanaaz55
118

Answer:

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Answered by Chaitanya1696
1

We are asked to study ways of raising loans to buy a car or house. The ways in which we must make this study is as follows:

  • Buying a car or house is a very big decision to make especially for the poorer section of society.
  • So, they need to work out each and every aspect before going for the loan.
  • There are various banks that provide loans for buying a car or a house.
  • For buying refrigerators and television sets, we can go for the hire purchase system if it is cheaper than taking a loan.
  • The main factor is that all this should be properly worked out before taking a decision.
  • We should not get stuck with private money lenders who offer cheap loans as they will definitely have some hidden facts for doing this.
  • It is better to go through a proper agency than to get into problems with these private money lenders.

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For more questions like the above please refer to:

1. https://brainly.in/question/28298010

2. https://brainly.in/question/16645696

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