You have a loan outstanding. it requires making five annual payments of $ 2 comma 000 each at the end of the next five years. your bank has offered to restructure the loan so that instead of making the five payments as originally agreed, you will make only one final payment in five years. if the interest rate on the loan is 4 %, what final payment will the bank require you to make so that it is indifferent to the two forms of payment?

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.