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    poohbailey56's Avatar
    poohbailey56 Posts: 1, Reputation: 1
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    #1

    Jul 15, 2010, 05:38 PM
    What would be an example of leverage?
    Why a company uses it?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Jul 15, 2010, 06:05 PM

    Hello p:

    With $20,000, one could leverage that into a purchase of a $200,000 house.

    excon
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Jul 18, 2010, 05:16 AM

    Leverage

    Since this is presumably homework, you need to try to come up with your own examples.
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