The enterprise's times interest earned ratio is equal to dividing income via the total interest payable on bonds or different styles of debt.
A hobby is a charge you pay to borrow money or the fee you fee to lend cash. a hobby is most customarily reflected as an annual percentage of the quantity of a loan. This percentage is called the interest rate on the mortgage. for instance, a bank can pay you for a hobby whilst you deposit your cash in a financial savings account.
There are basically three main styles of interest rates: the nominal interest fee, the powerful fee, and the actual hobby price. The nominal interest of funding or loan is in reality the said charge on which hobby bills are calculated.
The 3 forms of hobby consist of simple (regular) interest, accumulated interest, and compounding hobby. while money is borrowed, generally through the way of a loan, the borrower is required to pay for the hobby agreed upon via the two events.
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