Respuesta :
With a 60% LTVR, Heather is financing 60% of her purchase while making a 40% down payment.
What is a purchase?
- Buy means to purchase.
- In essence, it gives customers ownership of a product or service in return for payment.
- It is possible to refer to it as an economic agent's demand for a good, and for effective demand to manifest, the availability of purchasing power is a crucial element.
- A purchase could also be made in exchange for taking on an obligation or as part of a barter exchange where various non-cash assets are traded.
- Direct, indirect, and service procurement are the three basic categories of procurement activity.
In the given situation:
- With a 60% LTVR, Heather is financing 60% of her purchase while making a 40% down payment.
Therefore, with a 60% LTVR, Heather is financing 60% of her purchase while making a 40% down payment.
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