1. An amortization table ________.

1. breaks each payment into the amount that goes toward interest and the amount that goes toward the principal
2. is a special table used in a break room to make people feel equitable
3. separates time value of money tables into present value and future value
4. separates time value of money tables into single amounts and streams of cash

1. A debenture is ________.

1. the interest paid on a bond
2. a type of bond that can be sold back to the issuing company whenever the bondholder wishes
3. a bond with only the companys word that they will pay it back
4. a bond with assets such as land to back their word that they will pay it back