[Solved] \[\begin{array}{l} \text { Construct a pie chart for the following distribution: }\\ \begin{array} { c c } \text { Year in School } & \text { Number of Students } \\ \hline \text { Freshmen } & 28 \\ \text { Sophomores } & 14 \\ \text { Juniors } & 40 \\ \text { Seniors } & 18 \end{array} \end{array}\] Promissory Note: A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date. Banker's Acceptance: A banker's acceptance is a short-term financial instrument issued by a company and guaranteed by a bank, often used in international trade. 5 C's of Credit: The five key elements lenders evaluate to assess a borrower's creditworthiness: character, capacity, capital, collateral, and conditions. Capacity: The maximum level of output that a company can sustain to produce within a specified period under normal conditions.

Solved

question 58

Essay

$\begin{array}{l}\text { Construct a pie chart for the following distribution: }\\\begin{array} { c c } \text { Year in School } & \text { Number of Students } \\\hline \text { Freshmen } & 28 \\\text { Sophomores } & 14 \\\text { Juniors } & 40 \\\text { Seniors } & 18\end{array}\end{array}$

Definitions:

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Banker's Acceptance

A banker's acceptance is a short-term financial instrument issued by a company and guaranteed by a bank, often used in international trade.

5 C's of Credit

The five key elements lenders evaluate to assess a borrower's creditworthiness: character, capacity, capital, collateral, and conditions.

Capacity

The maximum level of output that a company can sustain to produce within a specified period under normal conditions.