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2 years ago

Expain what is debt in a 70 word paragraph

Business

2 answers:

o-na [289]2 years ago

8 0

Answer:

Debt is amount of money borrowed by one party, from another. Debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at later date, usually with interest. In simple word it money borrowed from another, for something you can't afford. If you are in or get in debt, you owe money. If you are out of or get out of debt, you paying all the money that you owe.

NeTakaya2 years ago

7 0

Answer:

Debt is money one person, organization, or government owes to another person, organization, or government. Typically, the person who borrows the money has a limited amount of time to pay back that money with interest (an additional amount you pay to use borrowed money).

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Explanation:

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3 years ago

Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du

anzhelika [568]

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cost of capital 16%

Explanation:

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3 years ago

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vampirchik [111]

<span>You might be able to cope with future issues more easily this the correct answer. : )</span>

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3 years ago

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Irina-Kira [14]

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3 years ago

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