Answer:
4 millions
Explanation:
First, we will check how much was amortizate for the first loan:
Principal 100 million
on 10 equal payment
amortization per year 100/10 = 10 millions
we refinance at the end of the fourth installment
10 x 4 = 40 millions
The principal at the end of year four:
Principal 100 millions - 40 millions = 60 millions
This amount will be paid on 15 years with 15 equal payment
60 million / 15 years = 4 millions
Answer:
a. Jake, Kim, or Lou.
Explanation:
A promissory note is a signed document with a signed written promise on paying a specific amount of money to the owner of the note on a specific date or on demand. This being said an individual can only collect payment on the note from those who had it before them, therefore in this scenario Mona can collect payment from either Jake, Kim, or Lou.
Because a line credit is when the government give u credit and a loan is when the government give u a loan.
Here is the correct question:
In nations undergoing economic development the levels of political internationalizing firms must deal with trends to be greater than it is in countries that are already significantly industrialized.
True or False
Answer:
TRUE
Explanation:
In nations undergoing economic development, there is a strong relationship between politics and economic development; hence, the level of political internationalizing firms must deals with trends greater than it is in industrialized economies.
