Your English writing platform
Discover LudwigSimilar(60)
In other words, corporations can earn more money on borrowed capital than the money costs them.
The PMT function in Microsoft Excel was used to calculate the yearly payments (US$/year) on the borrowed capital.
Unlike most hedge funds, Apollo will base its management fee on total assets, including borrowed capital, according to the prospectus.
profit on any actual value in excess of the borrowed capital remaining unpaid.
It was assumed that the cost of capital included the yearly repayment of the borrowed capital investment and the interest on the borrowing (at 9% per annum for 30 years).
Where does the borrowed capital come from?
In 1814, the New York state legislature canceled the commission's right to borrow capital on behalf of the state.
The increase in government spending in Q2 was predicated entirely on borrowed money, particularly as tax receipts declined significantly even as spending grew in spades.
"Our budget, which starts July 1, is predicated on the borrowing that the state would allow with the legislation," the mayor said.
But they are all predicated on one thing — speed.
That, in turn, would undermine the euro zone's rescue efforts, which are predicated on Germany's low borrowing costs and high standing in the markets.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com