Sam frank is a retired army officer who wants to purchase a new home using a va loan. in 2000, sam used his va guarantee of $36,000 when he purchased his current home. based on the va's maximum guarantee of $104,250 and his partial eligibility, how much of a loan can sam get with no money down?
a) $68,250
b) $155,000
c) $208,500
d) $273,000

D) $273,000

Explanation:

The VA's maximum guarantee for home purchases applicable for 2019 is $484,350, including additional benefits like no down payments and no private mortgage insurance.

Since Sam already used 34.45% of his benefit during 2000, he can only use 65.55% of his available benefit now. In current values that would equal around $317,000 but I guess this question is using values applicable during 2018, which would result in a maximum guarantee of $417,000, and 65.55% of that would be $273,000.

The amount of VA's loans increase year by year and also vary depending on certain states and counties.  

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.