Answers
Answer:
In the clarification segment elsewhere here, the definition of the query is mentioned.
Explanation:
Indeed, whenever it comes to solving civic issues, the functions of civic, corporate, and nonprofit organizations are shifting. Whenever it comes to solving civic concerns, civic companies have historically been at the forefront. These companies have advocated state incentives, often at the expense of profitability, with respect to the household spending of specialized services and products. By encouraging fair use, public corporations are considered to defend the public.
The position of public entities is now evolving if they're no necessarily safeguarding the public's needs at the expense of profitability, but by generating gains which are already required of them as a company, they attempt to resolve public issues. Via their CSR programs, private companies have become more interested in addressing public issues. The aim of private corporations was to raise income and build wealth for their owners, but now because they are willing to make a change in the community of individuals. In solving societal issues, non-profit organizations have always been at the forefront. The main difference is that more non-profit organizations are becoming larger and on a size equal to the one of certain private and government entities.The following problems could be encountered by a public manager attempting to incorporate organizational strategies imported from either the private sector:
When applying management strategies, a high degree of public sector bureaucracy can continue to be a challenge as well as a roadblock. The adoption of institutional reforms would make it extremely difficult for the public sector to adopt management strategies along with its tradition.Related Questions
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
Answers
The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.
How to find the upper and lower chart limits ?The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.
The mean is :
= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10
= 7.7
The standard deviation (σ ) is :
= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)
= √([125.1] / 10)
= √[12.51]
= 3.54
Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54
= 18.32
Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54
= -2.92
The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice, set the lower control limit at zero.
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he average borrowing rate for interest bearing debt is calculated as: Select one: A. Interest Expense divided by Average Interest-bearing Debt B. Interest Expense divided by Average Long-term Debt C. Interest Paid divided by Average Liabilities D. Interest Expense divided by Average Liabilities
Answers
Answer:
A. Interest Expense divided by Average Interest-bearing Debt
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
An interest-rate risk can be defined as the risk associated with bond owners due to fluctuating interest rates. This risk has a direct level of impact on the value of fixed income securities such as bonds.
An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed from an individual or a financial institution.
Mathematically, the average borrowing rate (ABR) for an interest bearing debt is calculated using the formula;
\( ABR = \frac {Interest \; Expense}{Average \; Interest \ bearing \; Debt} \)
Which of the following is true with regards to the course policy?
Answers
The one that is true with regards to the course policy is option B. The full-length films selected for study in the course are broadly agreed upon as the best examples of excellence in film music.
A film music is a selection of recorded songs that accompany a film. Also known as an original soundtrack (OST), this musical selection can include original songs or pre-existing songs that played during the film or were specifically recorded for the film.
What informs film music?Often times, film music is written by a film composer hired for the production. The film score heightens the film's emotion, creating an aural mood for each scene, along with sound effects and dialogue. The film's composer writes the original score, often with the help of an orchestrator.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which of the following is true with regards to the course policy?
A) The course will examine the role of music in film, but not sound effects or dialog
B) The full-length films selected for study in the course are broadly agreed upon as the best examples of excellence in film music
C) The course will examine various artistic approaches to the use of music in film
D) The focus of the course is to provide a comprehensive history of film music
3 true statements about recording journal entries in Quickbooks
Answers
Answer:
Explanation:
Journal entries allow you to correct inaccurate information in your accounting records or add transactions that you cannot add in other sections of the software, such as tax adjustments or depreciation expenses.
What are the 3 golden rules?
Golden Rules of Accounting
Debit the receiver, credit the giver.
Debit what comes in, credit what goes out.
Debit all expenses and losses and credit all incomes and gains.
The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in period 2, assuming Period 1 is the base year. (Round to 1 decimal place.)
Answers
Since Period 2 is the base year, so, index number for Period 2 will be 100 for the given information in Expenditure table.
for period 1 ,
Total Expenditure = $3,100
Index Number = 3100/3350×100
=92.537
for period 2,
Total Expenditure = $3,350
Index Number = 3350/3350×100
= 100
for period 3,
Total Expenditure = $3,400
Index Number = 3400/3350×100
= 101.492
for period 4,
Total Expenditure = $3,500
Index Number = 3500/3350×100
= 104.47
Index numbers are statistical measures that express changes in the value of a variable or a group of variables over time. They are used to compare the value of a particular variable at different points in time or across different regions or groups. Index numbers are useful in economics and other fields where there is a need to track changes in the value of a variable over time or across different units of observation. Common examples of index numbers include price indices, inflation indices, and stock market indices.
the complete question is:
The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in period 2, assuming Period 1 is the base year. (Round to 1 decimal place.)
Total Expenditure Index Number
Period 1 $3,100
Period 2 $3,350
Period 3 $3,400
Period 4 $3,500
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What is the presses that creates a shortcut on your taskbar
Answers
Answer:
Microsoft is the answer of it
Answer:
It is A. Pinning meh got it right ;)
Explanation:
Im Doing A resume and they Need A real legit credit Card Number and Cvc ANd when it expires For My resume It's worth 100% of my grade Plz helps
Answers
Answer:
alex do u realize ur question is litterally against the law
Explanation:
quit being a j erk, and lets talk this out
Drag each tile to the correct box.
What is the sequence of events that could lead to trade surplus?
Answers
What is trade surplus?
Trade surplus:- This term is used when the export of the country product is greater than the cost of imports.\(\purple{ \rule{300pt}{3pt}}\)
\(\large\underline{\underline{\maltese{\orange{\pmb{\sf{\: Answer :-}}}}}}\)
Events ⤵️1. the selling nation’s currency value appreciates
2. import cost for the buying nation goes up
3. demand for foreign currency increases
4. import goes down in the buying nation
5. the buying nation’s currency value depreciates
Sequence ⤵️import cost for the buying nation goes up demand for foreign currency increases import goes down in the buying nation the buying nation’s currency value depreciates the selling nation’s currency value appreciatesI.e. 2-3-4-5-1
C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:
i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks
Answers
i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.
ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.
iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.
iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.
What differentiates simple interest from compound interest?The difference between simple interest and compound interest is that simple interest is only based on the principal.
On the other hand, compound interest computes interest on both the principal and accumulated interest.
Simple Interest (Deposits at Beginning):Period Principal Interest Balance
1 K10,000 K500 K10,500 (K10,000 + K500)
2 20,000 1,000 21,500 (K10,500 + K10,000 + K1,000)
3 30,000 1,500 33,000
4 40,000 2,000 45,000
5 50,000 2,500 57,500
6 60,000 3,000 70,500
7 70,000 3,500 84,000
8 80,000 4,000 98,000
9 90,000 4,500 112,500
10 100,000 5,000 127,500
Simple Interest (Deposits at Ending):Period Principal Interest Balance
1 K10,000 K0 K10,000
2 20,000 500 20,500 (K10,000 + K10,000 + K500)
3 30,000 1,000 31,500
4 40,000 1,500 43,000
5 50,000 2,000 55,000
6 60,000 2,500 67,500
7 70,000 3,000 80,500
8 80,000 3,500 94,000
9 90,000 4,000 108,000
10 100,000 4,500 122,500
Compound Interest at Ending:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = K125,778.93
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K25,778.93
Compound Interest at Beginning:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = $132,067.87
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K32,067.87
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Nikita Enterprises has bonds on the market making annual payments, with ten years to maturity, a par value of $1,000, and selling for $968. At this price, the bonds yield 6.9 percent. What must the coupon rate be on the bonds?
Answers
Using the present value formula the coupon rate on the bonds must be 7.47%
The coupon rate can be determined using the present value formula as follows: PV is equal to PMT x (1 - (1 + r)-n) / r + FV x (1 + r)n. Where: r = yield to maturity = 6.9% = 0.069 n = number of years to maturity = 10 FV = future value = $1,000 PV = present value = $968 PMT = annual payment = coupon rate x par value = C x $1,000 The following method is used to solve for C: $968 = C x (1 - (1 + 0.069)-10) / 0.069 + $1,000 / (1 + 0.069)10 $968 = 7.360 x C + 418.61 x C = $549.39 / 7.360 x C = $74.72 With a certain rate of return, present value is the current value of a future financial asset or cash flow stream. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.
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QL
Question Type: Multi-Select
Which type of documents, available in iQMS™ Wiki, define the
Various lifecycle models covering the phases, associated activities, their relationships and relevant work products?
Answers
The correct answer are Process Model Documents and Software Development Lifecycle (SDLC) Model Documents
Which of the aforementioned is offered by iQMS?IQMS offers comprehensive ERP and MES software for the automotive, medical, aerospace and military, assembly, food and beverage, packaging, plastics, stamping and metals, and process-specific industries, with a focus on midmarket, repetitive, batch-process, and discrete manufacturing.
What is the purpose of iQMS Wiki?To assist you in completing your project, the iQMSTM contains policies, processes, practises, and enablers. Understanding iQMSTM is hence essential in TCS. The QMS Wiki is the organisational process repository for all processes, tools, and practises.
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Question:
Which types of documents, available in iQMS™ Wiki, define the various lifecycle models covering the phases, associated activities, their relationships, and relevant work products?
A. Process Model Documents
B. Software Development Lifecycle (SDLC) Model Documents
C. Risk Assessment Reports
D. Employee Performance Evaluations
Please select all that apply.
What are 3 benefits of the ProAdvisor Discount Program (Quickbooks Online)
Answers
Based on business management, the 3 benefits of the ProAdvisor Discount Program (Quickbooks Online) include "allow accounting personnel to grow their business, skills and QuickBooks® expertise."
Some other benefits of the ProAdvisor Discount Program (Quickbooks Online) include the following:
Training other accounting personal.Improving customer care.She is serving as a strategic marketing tool.Creating accountant-specific product discounts.Hence, in this case, it is concluded that there are various benefits of the ProAdvisor Discount Program (Quickbooks Online).
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Loan payments of $700 due three months ago and of $1000 due today are to be paid by a payment of $800 in two months and a final payment in five months. If 9% interest is allowed, and the focal date is five months from now, what is the amount of the final payment? The amount of each payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Answers
Answer: $654.04
Explanation:
We are given loan payments of $700 due three months ago and $1000 due today and we are to find the amount of the final payment to be paid by the borrower. Let the amount of the final payment be x.
The borrower is supposed to make a payment of $800 in two months from now. We need to determine the value of the final payment x such that all payments are settled.
To solve this problem, we use the time value of money formula. The formula is:
PV = FV / (1 + r)t
Where PV is the present value, FV is the future value, r is the interest rate, and t is the period.
We can write down the following equations based on the information given:
700/(1+0.09)^8 + 1000/(1+0.09)^5 + 800/(1+0.09)^3 + x/(1+0.09)^0 = 0
Simplifying the above equation we get:
x = $654.04
Therefore, the amount of the final payment will be $654.04.
Which situation best illustrates an effect of the law of demand?
A. A car company increases sales when incomes rise in a city.
B. More children go to a theme park after a competing park shuts
down.
C. Customers stop going to a restaurant after it raises its prices.
D. A shop orders more computers when their selling price increases.
Answers
The correct answer is C
Answer: C. Customers stop going to a restaurant after it raises its prices
Explanation: (apx)
forward linking sector
Answers
Answer:
wut?
Explanation:
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Answers
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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How is it possible for a company to show positive net income but go bankrupt? Give one example.
Answers
Interventions strategies to reduce or prevent restrictions or barriers
Answers
Answer:
Intervention strategies to reduce restrictions or barriers can be implemented in various settings, such as healthcare, education, and workplaces, to promote accessibility and inclusivity. Some effective intervention strategies include:
1. Providing accommodations: Individuals with disabilities or other special needs may require specific accommodations to access certain environments or services. These accommodations can include physical modifications, assistive technology, or alternative communication methods. By providing these accommodations, restrictions and barriers can be reduced, allowing for greater participation and inclusion.
2. Educating stakeholders: Educating stakeholders, such as employers, educators, or healthcare providers, on disability awareness and inclusion can help to reduce biases and stereotypes that may contribute to restrictions and barriers. Training programs or workshops can help to increase understanding and empathy, ultimately leading to more inclusive practices.
3. Collaboration and consultation: Collaborating with individuals with disabilities or other stakeholders to identify and address barriers can be a powerful tool in reducing restrictions. By consulting those who are directly affected, solutions can be tailored to meet their specific needs, ultimately promoting greater accessibility and inclusion.
4. Policy and legislation: Policies and legislation that promote accessibility and inclusion can help to reduce restrictions and barriers on a systemic level. For example, the Americans with Disabilities Act (ADA) requires certain accommodations to be made in public spaces, promoting accessibility for individuals with disabilities.
Overall, implementing intervention strategies that reduce restrictions and barriers can help to promote greater accessibility and inclusion in various settings. By providing accommodations, educating stakeholders, collaborating with individuals with disabilities, and promoting policies and legislation, we can work towards creating a more inclusive and accessible society for all.
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Explanation:
When you think about a leader, what words would you use to describe that person?
Answers
Answer: Someone who has the most power
Explanation:
Based on the following data, determine the cost of merchandise sold for October. Merchandise Inventory, October 1 $ 98,560 Merchandise Inventory, October 31 102,330 Purchases 433,880 Purchases Returns & Allowances 12,760 Purchases Discounts 9,900 Transportation In 7,620
Answers
Answer:
$414,070
Explanation:
Calculation to determine the cost of merchandise sold for October
Merchandise inventory, october 1 $ 98,560
Add: Purchases $433,880
Add: Transportation in $7,620
Less: Purchase return and allowances $12,760
Less: Purchase discount $9,900
Less: Merchandise inventory, october 31 $102,330
Cost of merchandise sold $414,070
Therefore the cost of merchandise sold for October will be $414,070
Cooper recently accepted a job that comes with a slightly lower salary than he was hoping for. However, the position offers him valuable training and knowledge that will likely help him obtain a better position down the road. This can be referred to as a:
job benefit mix.
demotion.
creative strategy.
professional association.
Answers
This can be referred to as a job benefit mix, hence option A is the correct answer.
What is job benefit mix?The range of benefits supplied by a company is referred to as the job benefits mix. Two positions may have similar defined salary, but their overall compensation may differ greatly based on the value of the benefits provided.
Many firms provide four basic categories of employee benefits: medical insurance, life insurance, disability insurance, and retirement plans.
Traditionally, most employee benefits fell into one of four categories: medical insurance, life insurance, retirement plans, and disability insurance.
Employee benefits are a type of compensation that is provided in addition to a salary or pay. Medical, disability, and life insurance are common non-wage benefits, as are retirement savings, paid time off, and sick leave.
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What principle of corporate governance requires companies to operate in ways that respect the social and legal relationships they have with employees and creditors, among others?
A. Interests of other stakeholders
B. Integrity and ethical behavior
C. Integrity and ethical behavior
D. Disclosure and transparency
Answers
Answer:B
Explanation:
Which trade scenario is most beneficial for a country?
А.
appreciation of the country's currency, Increase in its imports, and decrease of its exports
B. depreciation of the country's currency, Increase in its imports, and decrease of its exports
C. depreciation of the country's currency, decrease in Its Imports, and increase of its exports
D. appreciation of the country's currency, decrease in Its Imports, and increase of its exports
Answers
It should be noted that the trade scenario that is most beneficial for a country is appreciation of the country's currency, decrease in Its Imports, and increase of its exports.
What is a trade?Trade can be regarded as the means of exchange by an organization or country.
When the currency of a a country appreciate, the money will have value, export also boast the currency.
Therefore, option D is correct.
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express 75 kobo as a decimal of 1 naira 50 kobo
Answers
What are the 4 types of customer
segmentations?
Answers
Answer:
Demographic Segmentation.
Psychographic Segmentation.
Geographic Segmentation.
Behavioral Segmentation.
Explanation:
Answer:
I believe the 4 basic types of market segmentation are:
Demographic Segmentation.
Psychographic Segmentation.
Geographic Segmentation.
Behavioral Segmentation.
Explanation:
I hope I am not wrong.
One column of numbers consists of 33, 58, and 17. When the digits of the
numbers are added together, the result is 3+3+5+8+1+7=27, and when
the digits of 27 are then added together, the end result is 2 + 7 = 9. If the
same process is performed on the numbers in a second column, what can be
concluded?
OA. If the end result from the second column is also 9, then the sum of
the numbers in the first column is not equal to the sum of the
numbers in the second column.
OB. If the end result from the second column is not 9, then the sum of
the numbers in the first column is not equal to the sum of the
numbers in the second column.
OC. If the end result from the second column is not 9, then the sum of
the numbers in the first column is equal to the sum of the
numbers in the second column.
D. If the end result from the second column is also 9, then the sum of
the numbers in the first column is equal to the sum of the numbers
in the second column.
Answers
This is because the process described (adding the digits of the numbers and then adding the digits of the result until a single digit is obtained) is essentially finding the digital root of the sum of the numbers in each column. If the digital roots of the two columns are different, then the sum of the numbers in the first column cannot be equal to the sum of the numbers in the second column.
Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
Answers
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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How do I cancel my subscription
Answers
Answer:
Explanation:
Step 1: Click on the Settings icon.
The Settings icon should be on your home screen and look like a gear.
Step 2: Tap your name. This should be at the top of the screen.
Step 3: Select “Subscriptions”
Step 4: Click on “Brainly Plus”
Step 5: Tap “Cancel Subscription”
A 15-year bond is currently priced at $900 and pays a semi-annual coupon payment of 8%. The par value is $1,000. What is the yield to maturity
Answers
The yield to maturity of the bond given from the information will be 9.24%.
How to calculate the yield to maturityFrom the information given, the following can be deduced:
Current price = $900Coupon payment = 8%Semi annual payment = 1000 × 0.4 = 40Number of periods = 15 × 2 = 30The price at 5% will be:
= (40 × 15.37) + (1000 × 0.23)
= 846.27
Using 4%, the interpolation to calculate the value will be:
= 4 + [(1000 - 900)/(1000 - 846.27)] × 1
= 4.623%
Therefore, the yield to maturity will be:
= 4.623% × 2
= 9.24%
In conclusion, the yield to maturity is 9.24%.
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What is a sum of money that is borrowed and is expected to be paid back with interest?
Answers
Explanation: when someone borrows money from someone else or even from the bank it is done on the condition that the money would eventually be paid back in a certain period of time with an interest payment