The united states provides aid to costa rica in response to, Financial Management

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The united states provides aid to costa rica in response to

1. The United States provides aid to Costa Rica in response to a flood in Costa Rica. This entry belongs to the ___________ category.

balance of trade

factor income payments

unilateral transfers

2. A loan for $200,000 at a 5% annual borrowing rate and a term of 20 years is negotiated. Payments will be made monthly in arrears. What will be the loan balance at the end of:

a. 1 year?

b. 10 years?

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