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- A contractual agreement in which the borrower receives something of value now and agrees to pay the lender in the future with an interest is called as. a. Credit b. Insurance c. Money d. Time1. What is the formular for Accounts Recieveables? 2. What is the formular for Accounts Payable?Which of the following is a secured loan? A - All of these are secured loans B - accounts receivable financing C- line of credit D- compensating balance