Collateral- Something pledged as security for repayment of a loan, to be forfeited in the event of a default.
Answer:
Advertising sales agents work on holidays and weekends because that is when people buy. For example, during Christmas they are working advertising products so people will buy for Chirstmas. It is the biggest part of the year where people buy products and they need to work to advertise to consumers to buy their products.
Answer:
7 loans were made to clients with Graduate education who also had 17 years of experience
Explanation:
We have to solve for which is the intersection between the two groups.
66 is the count for +17 years
83 is the count for Graduate
the two groups is 149 loans
Then, we have 142 loans which are not part of both groups. Therefore, the difference are the loan count which do belong to both groups:
149 total loans - 142 loans out = 7
The amount of cash received from the sale is calculated to be $336,300.
The amount of cash received from the sale of bonds can be calculated by using the following formula;
Cash received = Face value of bond × Bond quote
Since $354,000 of 10% bonds are issued at 95 in this case, therefore we substitute the values in the equation to determine the amount of cash received from the sale as follows;
Cash received = $354,000 × (95 / 100)
Cash received = $354,000 × 0.95
Cash received = $336,300
Therefore $336,300 cash is received from the sale if $354,000 of 10% bonds are issued at 95
To learn more about bonds; click here:
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File extensions are a way of labelling the names of files so you and your computer can keep track of what they contain. File extensions are a way of letting the user and their computer know what type of program created any given file.
