Question
Which of the following statements correctly describe the
features of a revolving credit facility? i. The borrower is sanctioned a credit limit for the commitment period. ii. Funds can be drawn, repaid, and re-borrowed multiple times during this period. iii. It sometimes includes an option to convert into a term loan at maturity. iv. It requires repayment in a fixed number of equal installments like a standard term loan.Solution
• A revolving credit facility provides a borrower with a credit limit (usually 1 year, extendable). • Within this limit, the borrower can withdraw, repay, and borrow again — making it flexible compared to a term loan. • In some cases, the agreement includes a conversion option, allowing the revolving line to be turned into a term loan at maturity. • Unlike a term loan, revolving credit does not require fixed equal repayments — it is based on usage within the limit.
√1764 + 35 × 8 + 39 = ?2
18% of 200 - 16% of 150 = ?
25% of 30% of 3/5 of 14500 =?
2(1/3) + 2(5/6) – 1(1/2) = ? – 6(1/6)
7/3 of 4/5 of 15/56 of ? = 83
What will come in place of the question mark (?) in the following expression?
40% of 150 – ?% of 80 = 25% of 400
555.05 + 55.50 + 5.55 + 5 +0.55 = ?
64.5% of 800 + 36.4% of 1500 = (?)² + 38
What will come in the place of question mark (?) in the given expression?
25% of 1280 + (41 × 4) = ?2
Simplify the following expression:
((32)4 - 1)/33×31× (210+1)
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