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provide brief answers to the following 3 questions ( as the final exam will also include theoretical questions ) . Use 1 / 2 bullet

provide brief answers to the following 3 questions (as the final exam will also include theoretical questions). Use 1/2 bullet points per question.(1) difference between revolving credit and evergreen credit lines;(2) definition of secured debt; and,(3) definition of cumulative capital requirement.Also, (4) assume a $100,000 loan granted by a bank to company A on June 1,2023 at 7% per year. The loan will be repaid on May 31,2024 and interest expenses paid every 6 months, i.e. December 1,2023 and May 31,2024. What is the amount of interest expenses to be paid on December 1,2023?

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