3. Classification of Financial Instruments lassification of financial instruments and identification of their nature is one of the most important phases for compilation and presentation of monetary statistics. Like other classifications used in monetary statistics, it is also advisable here to follow international standards that would help to make statistics comparable across countries’ and ensure its unity. In carrying out classification, there will be a need to consider features of a country’s
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A C C O U N TA N C Y HIGHER SECONDARY – FIRST YEAR Untouchability is a Sin Untouchability is a Crime Untouchability is Inhuman. TAMILNADU TEXTBOOK CORPORATION College Road, Chennai - 600 006. © Government of Tamilnadu First Edition - 2004 PREFACE CHAIRPERSON Dr. (Mrs) R. AMUTHA Reader in Commerce Justice Basheer Ahmed Sayeed College for Women Chennai - 600 018. REVIEWERS Dr. K. GOVINDARAJAN Reader in Commerce Annamalai University Annamalai Nagar - 608002. Dr. M. SHANMUGAM Reader
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primarily for consumption purpose like marriage, retiring debt: Investment Companies Nidhis Loan Companies Merchant Bankers All of the following are characteristics of hire purchase finance except: Payment is made in periodic installments Ownership gets transferred with initial down payment Possession of the good is given at the time of contract They are unsecured finances In January, 1 US $ was equal to 90¥. In March, this exchange rate changed to: 1 ¥ = 0.01053 US $. So US$ has _______
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demographic information. Returning patients and new patients are to provide the facility with the medical purpose of the visit. Step two is to determine what the patient’s financial responsibility will be. The patients insurance usually has a set payment, which is usually 80/20. The insurance will pay 80% of the bill and the patient is responsible for 20% of the bill. For patients that are uninsured, the patient is responsible for all of the medical charges. Step three, the patient actually gets
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Many people nowadays get confused how their credit score really work. Some think that the best thing to do is pay their credit card balance in full; others think making minimum payments is the best solution. The truth is, it doesn’t matter if you are paying in interests or paying in full. Your credit score is based on your credit report and whether you carry a balance or not isn’t noted in your credit report. A high debt-to-credit limit ratio, or utilization, can result in a lower score. According
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the monthly principal and interest payment. The loan was originally for $141,000. The interest rate was 5.75% fixed. The principal and interest payment is $822.84. After sixty payments the remaining principal balance is $130,794.68. The new mortgage payment for principal and interest to reduce the remaining years left on the loan from 25 years to 20 is $919.29. Next, add that to the $261.13 escrow for taxes and insurance, and then the total monthly payment is $1,180.42. This would be a monthly
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Midland Chemical Co. is negotiating a loan from Manhattan Bank and Trust. The | | small chemical company needs to borrow $500,000. | | | | | The bank offers a rate of 8¼ percent with a 20 percent compensating balance | | requirement, or as an alternative, 9¾ percent with additional fees of $5,500 to cover | services the bank is providing. In either case the rate on the loan is floating (changes as | the prime interest rate changes), and the loan would be for one year. | | | |
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of SIMs, PEFs, GSM Pay Phones, RCVs of various denominations chiefly Rs.10, Rs 30 and Rs. 60 to only Urban Distributors and Rural Super Distributors. Easy balance is also transferred to only Urban Distributors (UDs) and Rural Supers (RS). Urban distributors distribute the above items to retailers according to the demand and transfer easy balance to retailer through FOS SIM. Therefore, this setup of distribution is Second Degree and it is more suitable for catering to the need of urban areas. Third
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internet. Using some basic information and a calculator it will help you have an elementary idea of monthly payments. Also, it can give you average information about the period of time needed for the full payment of the loan. Furthermore, an amortization schedule will show the payment, the interests, the distribution of capital, and the unpaid balance of the loan for each month until the full balance is paid off. The online mortgage calculator can be use easily without the need to understand complicated
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information, including insurance cards. 2. Upon arrival for appointment provide any referral or authorizations (if needed) from the primary care physician. Failure to obtain required referrals may cause the insurance company to deny your claim and make payment of all charges your responsibility. 3. If any test, such as EKG, or any other additional testing will be performed by a medical assistant when you arrive for your appointment. However, According to (pcaheart.org) many insurance carriers require
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