Answer:
It would take her 36 months to completely pay off the HD Television
Explanation:
FV = 0
PV = ($300)
PMT = $10
rate per month = 12% ÷ 12 = 1%
Using NPER function in Microsoft Excel
No. of months = 36 months
Answer:
$5549
Explanation:
Calculation to determine the cash flow to creditors during the year
Using this formula
Cash flow to creditors =Interest -New debt
Let plug in the formula
Cash flow to creditors=4235-(9525-10,839)
Cash flow to creditors=4235-(-1314)
Cash flow to creditors =$5549
Therefore the cash flow to creditors during the year is $5549
Debentures are bonds that are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company.
Are debentures backed by assets?
Because the issuer anticipates paying back the loans with money from the sale of the business initiative they helped fund, debentures are also known as revenue bonds. Debentures are not backed by tangible property or collateral. They have the issuer's full faith and credit as their only guarantee.
What is debenture and its characteristics?
An extended source of funding is provided by the debentures. They are made up of a protracted predetermined maturity phase. The debentures are typically repaid at the conclusion of their 10–20 year maturity period. The business returns the investor's principal investment amount at maturity.
Learn more about debentures backed by assets: brainly.com/question/14788206
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Answer:
A) rate buster
Explanation:
Rate buster
Rate buster is the person employed by a company or organization , who is very productive and exceeds the formal agreed rate of the output of a task .
The person is of great advantage to the management .
These persons are not liked by the other colleagues , since they some how increase the work load or the target for other , by excelling on the task given to them .
Hence , Winston is a rate buster .