A loan made to the government that pays a fixed amount of interest at a certain time is a _____.A.stockB.savings accountC.hedge fundD.bond
Question
Solution 1
The answer is D. bond.
Here's why:
A bond is a type of investment that involves lending money to an entity (typically a corporation or government) in exchange for periodic interest payments plus the return of the bond's face amount when it matures.
A. Stock is a type of security that signifies Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
A loan made to the government that pays a fixed amount of interest at a certain time is a _____.A.stockB.savings accountC.hedge fundD.bond
A loan made to the government that pays a fixed amount of interest at a certain time is a _____.A.bondB.hedge fundC.stockD.savings account
Bank pays a fixed amount of interest, on a fixed amount of money, for a fixed amount of time. acertificate of deposit bmoney-market account cpassbook account
A loan of $43,000 is made at 7% interest, compounded annually. After how many years will the amount due reach $72,000 or more?
What is the difference between the principal amount on a loan and the interest amount on a loan?