What does "first payment due one year from now" mean here?
Does it mean payment will be provided this year or after a year? The word "one year" in the phrase makes me confused.
The ABC Company wants to borrow $100,000 and repay it with four equal annual payments (first payment due one year from now). You decide that the ABC Company should pay 0.10 per year on the loan.
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Corrections · 5
1
Does it mean payment will be provided this year or after a year? The word "one year" in the phrase makes me confused.
The ABC Company wants to borrow $100,000 and repay it with four equal annual payments (first payment due one year from now). THEY decideD that the ABC Company should pay 0.10 per year on the loan.
**It means, that the ABC in one year (so in 2016) will have to pay $25,000. (100,000 divide 4 = 25,000).
EX: I will get married in one year = next year I will get married = 같은 뜻이에요.
In one year = next year
In two years = not next year, but the year after
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Hi Shao, it is correct as written. You could say "first payment due one year from now" or "first payment due in one year."
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Is it just a wrong way of omitting preposition 'in'? I thought the phrase has to be 'first payment due in one year from now'
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Yes after a 12 month period
0
It means after a year.
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