0
An associate has filed UCC-1 Financing Statement against the state of Colorado. The associate has informed me that his UCC-1 Financing Statement has matured into securities. My question is two part: A) Is that possible? B) Can that security be sold through a broker in this or any other country?
Still curious? Ask our experts.
Chat with our AI personalities
Jordan
Judy
CoachAdd your answer:
Earn +20 pts
What is a list of government entitlement programs?
United States Government Entitlement Programs:529 or CoverdellHome Mortgage Interest DeductionHope or Lifetime Learning Tax CreditStudent LoansChild and Dependent Care Tax CreditEarned Income Tax CreditSocial Security--Retirement & SurvivorsPell GrantsUnemployment InsuranceVeterans BenefitsG.I. BillMedicareHead StartSocial Security DisabilitySSI--Supplemental Security IncomeMedicaidWelfare/Public AssistanceGovernment Subsidized HousingFood Stamps
Compound interest is interest paid on interest previously earned?
yes
Is the interest accrued on a student loan simple or compound interest?
its compound interest
Does the amount of interest earned each year increase decrease or stay the same in a simple interest account What about in a compound interest account?
Simple interest: stays the same. Compound interest: increases.
What does compound interest mean?
compounding of interest refers to the action wherein, the interest paid to us over a period of time would increase gradually.Ex: Lets say you invest Rs. 10000/- at 10% per annum which is compounded every quarter.So interest for first quarter: Rs. 250/-Principal at the end of first quarter: 10,250/-Interest for second quarter: Rs. 256.25/-Principal at the end of second quarter: 10,506.25/-the increase in interest in the second quarter is because, the interest paid during the first quarter is also considered for interest payment in the second quarter. So, even though the principal amount we invested remains the same the interest varies because of compounding of interest.The shorter the compounding period, greater is the interest earned.Simple interest is to charge interest on the principle amount.compound interest is the interest calculated on the simple interest!
