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What is the difference between the amount received from issuing a note payable and the amount repaid is referred to as?
Interest.
What is the difference between medium term note and long term debt?
The term of a note is the length of time before the principle will be repaid. In the case of a medium term note, it will be repaid in the intermediate future while a long-term note will be repaid far in the future.
What is due when the loan is repaid?
interest is due.
Will the 700 billion dollars that the government is lending out be repaid with interest or without interest?
Option 3: not at all. If we're lucky, we'll get back half of the principle, but we will not get any interest, and will not even get back the full 700 billion.
What is repaid to the investor on a bond's maturity date?
The principle and interest.
A note issued by the government which promises to pay off a loan with interest?
its a Bond.
Why is it NOT recommended that consumers acquire debts?
Debts must be repaid with interest.
Why is not recommended that consumers acquire debts?
Debts must be repaid with interest.
What are bonds in history?
a note issued by the government which promises to pay off a loan with interest.
Were US government grants of land to the railroad industry gifts?
Most if not all the generous land grants provided by the US government to the railroad industry were loans not gifts. By 1898, the US government was repaid $63 million in principal and $104 million in interest.
What is public and national debt?
Public debt is the money owed by any one branch of the government. National debt is the money owed by all the branches of government.
Promissory Note Due on a Specific Date?
Get StartedThe Due on a Specific Date Promissory Note is a document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing the loan funds is the "Borrower." The Note includes provisions regarding the amount of the loan, the interest rate, the date by which the loan must be repaid, and general provisions for enforcing the repayment of the loan.A loan under a Due on a Specific Date Promissory Note must be repaid by the Borrower to the Lender on a specified due date.
