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Calvin is buying his first home. He has been saving and saving for years. The home he is buying has a price of $300,000 and Calvin has a down payment of $75,000. Calvin's loan is considered:

Respuesta :

Answer: low risk

Explanation:

Low risk loans are the loans that are collected by economic agents such as individuals, firms and the government which has a low risk or low interest rate.

Since the home Calvin is buying has a price of $300,000 and Calvin has a down payment of $75,000. It so considered a low risk loan.

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