Ask Question
Social StudiesSocial Studies
9 August, 06:51

Servicing the debt is ___?

A) Paying interest on debt

B) Monitoring the rise and fall of the debt

C) submitting reports on the debt to the office of management and budget

D) Seeking lenders to borrow from

+5
Answers (2)
  1. 9 August, 07:35
    0
    Answer: A) Paying interest on debt

    Servicing the debt is paying interest on debt.

    Explanation:

    Debt servicing refers to payment of dues or cash in order to cover repayment of interest and principal on a debt.

    Interest refers to the percentage of a debt balance which the lender gets for giving out his money. It is also the amount the lender earns and charges for the use of money he or she lent out.
  2. 9 August, 09:22
    0
    A) Paying interest on debt

    Explanation:

    Debt service is one of the main procedures when a citizen needs to make a loan. This procedure refers to the payment of interest rates that will be necessary to settle a debt, generated by the loan. This ensures that the creditor of the money will receive all that was spent by him and that he will profit above that. This also ensures, that the debtor does not fail with his commitment.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Servicing the debt is ___? A) Paying interest on debt B) Monitoring the rise and fall of the debt C) submitting reports on the debt to the ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is an example of vicarious reinforcement? a. Park wants to avoid detention, so he follows the school rules and does not smoke on the playground. b. Ryan observes Cameron getting a time out for spitting out her toast.
Answers (1)
How did rising populations contribute to industrialization?
Answers (1)
The book store were closed and that they didn't like it because it were something wrong with the thing and I was and problem and do they had tild us to come back and try it again and that I told him no because who is he goi g to
Answers (1)
Which of the following describes a significant difference between the structure of the texas executive department and the structure of the u. s. executive branch?
Answers (1)
A study that administers a questionnaire to many people across a wide range of ages is an example of a
Answers (1)
New Questions in Social Studies
South and Southeast Asia are the regions that have experienced the greatest challenges from the AIDS crisis. T/F
Answers (2)
What happens if you get a f in sixth grade?
Answers (1)
Luring customers by advertising a low price on an item that the store does not intend to sell, then convincing them to buy a more expensive item is referred to as _ _. a. hidden catch c. deceptive pricing b. bait and switch d. false claims
Answers (1)
A pedestrian domiciled in State A was crossing a street in State B when he was hit by a car driven by a citizen of a foreign country. Both the pedestrian and the driver suffered injuries.
Answers (1)
Power to tax given to the u. s. congress by the articles of confederation was?
Answers (1)
Home » Social Studies » Servicing the debt is ___? A) Paying interest on debt B) Monitoring the rise and fall of the debt C) submitting reports on the debt to the office of management and budget D) Seeking lenders to borrow from
Sign Up Forgot Password?