Is a business loan or consumer loan. oitamodtaM laansc 1. Mr. Agustin plans to have a barbershop. He wants to borrow some money from the bank in order for him to buy the equipment and furniture for the barbershop. 230AUOLAM BAJUEMI

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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1O write your name
oal sauoH gnilzildu xineod eoitemodtaM iTeus
Activity # 1
Identify whether the situation is a business loan or consumer loan.n
1. Mr. Agustin plans to have a barbershop. He wants to borrow some money from the bank in
order for him to buy the equipment and furniture for the barbershop. MASIMAM-O LAM
RAJUBMI2
2.
Mr. and Mrs. Craig wants to borrow money from the bank to finance the college education of
their son.
JOOH
TCHE
3. Mr. Alonzo wants to have some improvements on their 10-year-old house. He wants to build a
new room for their 13-year-old daughter. He will borrow some money from the bank to finance
this plan.
4. Mr. Samson owns a siomai food cart business. He wants to put another food cart on a new
mall in the other city. He decided to have a loan to establish the new business.
5. Roan has a computer shop. She owns 6 computers. She decided to borow some money from
the bank to buy 10 more computers.
Transcribed Image Text:1O write your name oal sauoH gnilzildu xineod eoitemodtaM iTeus Activity # 1 Identify whether the situation is a business loan or consumer loan.n 1. Mr. Agustin plans to have a barbershop. He wants to borrow some money from the bank in order for him to buy the equipment and furniture for the barbershop. MASIMAM-O LAM RAJUBMI2 2. Mr. and Mrs. Craig wants to borrow money from the bank to finance the college education of their son. JOOH TCHE 3. Mr. Alonzo wants to have some improvements on their 10-year-old house. He wants to build a new room for their 13-year-old daughter. He will borrow some money from the bank to finance this plan. 4. Mr. Samson owns a siomai food cart business. He wants to put another food cart on a new mall in the other city. He decided to have a loan to establish the new business. 5. Roan has a computer shop. She owns 6 computers. She decided to borow some money from the bank to buy 10 more computers.
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