What is the remaining loan term? from beatriceop's blog

What is the remaining loan term?

The remaining term refers to the number of months still outstanding on a loan. To calculate the remaining term, one simply deducts the number of payments made from the original term. The original term refers to the number of payments required to pay off the loan.三線財務

What are the classification of financial data?

There are dozens of ways to categorize your data, but the most common classification levels are stated as follows – public, private or internal, confidential, and restricted.

What are the classification of finance functions?

Answer: Long-term decisions and short-term decisions are the two primary categories of finance functions. Long-term decisions are made for more than a year, whereas short-term decisions are made for less than a year.

What are the classification of financial assets?

Financial instruments are classified as financial assets or as other financial instruments. Financial assets are financial claims (e.g., currency, deposits, and securities) that have demonstrable value.

What are all 3 economic systems?

What Are the 3 Basic Types of Economies?
Command Economy – A command economy is an economy in which the government controls all economic activity and transactions. ...
Market Economy – A market economy is free of all government control. ...
Mixed Economy – This is a hybrid between the command and market economic systems.

How to calculate long term loan?

In order to calculate the current portion of long-term debt:
Divide the principle by the number of months on the loan payment schedule.
Add up each payment that will be due within one year. ...
Subtract the current portion of long-term debt from the total principal owed.

What is a financial category?

Financial Category means the financial grade, financial limit or tendering limit where applicable as determined by the Government Registration Authorities up to which the Tenderer is allowed to participate in any one single tender.

What is a loan period?

A loan period is the amount of time that a borrower will have to repay their loan. It will be determined by factoring in the minimum and maximum payment, interest rate, and principal amount. Simply stated-the start of loan repayment, all the way until the end, is called the loan period.

What are the 4 main accounts in accounting?

Typically, businesses use many types of accounts to keep track of their financial information and current value. These can include asset, expense, income, liability and equity accounts. You may use each account for a different purpose and maintain them on your financial ledger or balance sheet continuously.ofw loan without ccsl in hong kong

Can you do a 10 year loan?

You can get a 10-year mortgage from just about any lender.一定批財務