100 POINTS

Lenders consider loans made with a down payment to have less risk because the down payment gives the borrower some equity, or ownership, right away. Down payments are typically in the form of cash.

Think about a time in your life when you wanted or needed to prove that you were invested in something—possibly a project, a team, or even a friendship. In what way did you show your commitment and ownership? How was that similar to the way a down payment is used in a lender-borrower relationship?

I chose to start crocheting when I was 12 years old. I wanted to try it since many individuals in my family had done it and it looked like a lot of fun. My mother initially discouraged me from crocheting because she believed that purchasing all of the materials I required would be a waste of money. In her fairness, I was only 12 at the time, and I was still dabbling in a variety of pastimes. But, to prove to her that crocheting would not be just another odd pastime that I would pick up and then abandon a month later, I purchased my first crochet kit and three one-pound balls of yarn and crocheted a blanket.

Step-by-step explanation:

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jayilych4real jayilych4real · Answer 2 · 2022-05-20T10:15:49+02:00

jayilych4real jayilych4real

20-05-2022

A person can show commitment to a thing by giving his time and money.

What is Lending?

This refers to the giving out of something, usual money with the aim of getting returns from it, usually with interest.ly

Hence, I can state that one way I showed my commitment and ownership towards a thing I was invested in was to commit my time and money to a school project.