amortises. TRUE. amortises

 
 TRUEamortises  He amortised the loan in monthly installments

Tempo Limited issued 150 000 R10 debentures on 1 January 2018 at R10 each. entities—for example, if one entity amortises customer lists over 10 years but another entity amortises customer lists over 20 years. 80,000. Please also note, the loan amortises over the course of the loan, as demonstrated in the examples below: CBILS: If you took out a £55,000 loan for 36 months with an interest rate of 6% the total you would have to repay over that 36 month period would be £58,503. An amortized loan payment pays the relevant interest expense for the. These differ from legal liabilities, which make a business. 3. (Accounting & Book-keeping) to write off (a wasting asset) by annual transfers to a sinking fund. The prevented damages and losses associated with flood events significantly ease the financial burden on private households and district budgets and usually amortises the costs of running and maintaining the LFEWS within a few years. Copyright © 2010 by Houghton Mifflin Harcourt. Initial balance=€32 500±4200 (€45 000 (a)–€12 500 (c)). com,. Intangible assets are classified into two different categories: definite life and indefinite life. Tempo Limited issued 150 000 R10 debentures on 1 January 2018 at R10 each. 7 million available to cover interest on the class A and B notes and amortises in line with their aggregate balance. lessened. asterism 10. Using the word 'amortises' in Scrabble will fetch you 11 points while using it in Words with Friends will fetch you 12 points (without taking into consideration the effect of any multipliers). Archaic. amortize: formerly, in the law of property, to transfer lands in MORTMAIN . solve. Servicer-Related Risks Addressed: The transaction does not have a back-up servicer in place. It commenced operations on 02 January 2022 with authorised share capital of 600 000 ordinary shares of which 400 000 have been issued at R10 per share. . An upgrade could be possible if collateral coverage continues to increase as the transaction amortises. It had an estimated useful life of eight years from the date of purchase, with no residual value at the end of that period. After looking at words beginning with AMO, you may want to check out words that end in. I refer you (again) to answers to earlier questions: Deferred tax is calculated on the difference between accounts book value and the tax wdv. Verb. ”DAC/PFVP Amortises consistently based on premium Amortises variably based on EGPs* Amortises variably based on EGPs* CHF billion 31 Dec 2009 L&H assets Deferred acquisition costs (DAC) 3. Liabilities are debts that a company owes to a third-party such as lenders or banks. The placenta is made of a highly vascularized extracellular matrix (ECM). The efficiency of a plant is the relationship between power output and power input. Since the same amount of debentures is outstanding each year, therefore. 3 Journalise the interest accrual needed on 31 December 2016. Amortises . Commonly used words are shown in bold. An amortized loan payment pays the relevant interest expense for the. 95 on 1 January 2006. To write off an expenditure for (an asset, especially an intangible one, such as a patent) by prorating over a certain period, usually the expected duration of the asset's benefit. The enterprise amortises the right to operate the motorway over thirty years, unless there is evidence that its useful life is shorter. Finance. amortise synonyms, amortise pronunciation, amortise translation, English dictionary definition of amortise. 68. It is also used to accelerate the motor during starting. Construct a complete Amortization Schedule using the headings below for your Mathematics for Finance and Business 1B-MATDCB1 - Assignment 1 - 2020 -3- Periods Principal Outstanding at the Beginning. Preview. It was agreed to pay the purchase price of Rs. Pathology. Opposite of pay back. Unlike IRS, cross currency swaps usually trade with an exchange of principal. Bizarre parosteal osteochondromatous proliferations (BPOP), also known as Nora lesions, are benign exophytic osteochondral lesions which have an appearance similar to an osteochondroma and are typically seen in the hands and feet. Requirements 1 Journalise the issue of the debentures on 1 May 2016. The debentures are repayable at nominal value on or before 31 May 2026 and interest is payable annually on 31 May of every year. A few of the most common types can be understood through the points below. For example, if a company spends $1 million on a patent that expires in 10 years, it amortizes the expense by deducting $100,000 from its taxable income over the course of 10 years. entities—for example, if one entity amortises customer lists over 10 years but another entity amortises customer lists over 20 years. amortises. Click here to find out what amortises means. Non-Amortizing Loan: A type of loan in which payments on the principal are not made, while interest payments or minimum payments are made regularly. Open Risk Manual Entry. Forecast working capital using working capital ratios such as receivable days, inventory days, and payable days. 2623, i. Comparing notional pooling to interest optimisation, the key difference is in the regulatory capital required on the bank's side. The scheduled increases in amortisation increase liquidity pressure within the transaction, which becomes most acute from July 2029 when debt service will exceed GBP40 million per quarter (for eight quarters). Tiếng Anh: ·Truyền lại, để lại (tài sản). ) Chapter 1 Objective 1. Premium Course. To Bank Cr 100. As a result, the value of principal does not. “This amortization of the Republic's debt for these improvements has been going steadily forward. A squirrel cage winding placed near the surface of the pole faces of a synchronous motor. Wiki User. of years, denoted by t. This feature is unlike commercial loans and bonds, which tend to be fixed-rate instruments, repaid in a. Find more opposite words at wordhippo. RLHF amortises the cost of directly finding good outputs according to the reward model, such that at evaluation the model can produce good outputs with a single generation, whereas RS requires no training on top of the reward model, but uses lots more compute at evaluation by generating and filtering with the RM. Exercises/Assignments Answer the following Problems. reduced. 📌 Steps: Initially, type the cell reference for the “Loan Amount” in the C16 cell >> apply the Currency number formatting. b. ”The positive correlation between consumer credit and the Fed rate is because consumer credit generally amortises monthly and the principle paydown can be used to reinvest into new loans which is originated at the prevailing interest rate. Accounting Entries: For Securities Deposit 100 Discounted value 70 Period 5 Year: 1. The harsh reality of keeping historical airplanes airworthy and flying is that from time to time one will crash. Revision Question 1. I would like to create a table using SQL, that shows how a principal loan balance amortises over time. ) gradually or in installments. For more information, see How to: Purchase and Release Undepreciable Fixed Assets. Letterpress Wordle Spelling Bee Scrabble Wordfeud Crossword Words with friends Wordscapes Words of Wonders Apalabrados. to subject to an illusion. ILLUDE definition: to trick or deceive | Meaning, pronunciation, translations and examples On January 1, 2024, Technicians Credit Union (TCU) issued 6%, 20-year bonds payable with face value of $800,000. Notice how the verb form changes based on whether the subject is singular or plural, as well as whether it is in the present or past tense. The company's financial year ends on 30 On 1 July 2016, FBI Limited issued a 10-year debenture of $200000 at a price of 93. Past participle: amortised Gerund: amortising Imperative. As the transaction amortises, these fees account for a growing share of the total income that is generated on the assets, yielding ample excess spread to cover for potential defaults. incur. The parallelism amortises the latency, so the bottleneck ends up being your actual network bandwidth, which is what we want. ”. recompensing. It is often used interchangeably with depreciation, which. Although BPOP’s pathogenesis is still not certain, modern literature suggests it to be a tumor-like lesion or even a benign neoplasm. We searched through the clinicopathological reports and histopathological archives of patients diagnosed with parosteal osteosarcoma who visited Cipto Mangunkusumo Hospital, Jakarta, Indonesia, between the period of January 1999 and August 2018. Iii deferred expenditure the group amortises cost of. It amortises itself after 2 and a half year, which is not that much. am·or·ti·za·tion (ăm′ər-tĭ-zā′shən, ə-môr′-) n. If all masters are this good there is no problem to get BP. In this case, in year 10 you will indeed have a balloon. past simple and past participle of amortize 2. purchased assets worth Rs. Crossword Solver, Scrabble Word Finder, Scrabble Cheat, BoggleAmortises Total Number of words made out of Amortises = 547 Amortises is an acceptable word in Scrabble with 11 points. See answer (1) Best Answer. 1. It is often used interchangeably with depreciation, which. f) Included in the trade receivables of Sing is RM20,000 due from Dance. He makes a $150,000 down payment and amortises the rest of the purchase price with company over the next years. The increased CE results in greater protection for the class A notes from losses incurred on the mortgage portfolio and has led to their upgrade. Starts WithWed 08 Mar, 2017 - 3:23 AM ET. it was sized over a 15-year profile, however the legal term is say 10 years. amortization. Learn more. amortises - ऐमर्टाइज़ का अर्थ क्या है? amortises (ऐमर्टाइज़) का अर्थ, अनुवाद, उदाहरण, पर्यायवाची, विपरीत, परिभाषा और तुकांत शब्द। amortises का मीनिंग।amortises abduction in non-invertible mechanisms, g k is a ‘high-level’ non-invertible branch (e. You attended the planning meeting with the audit engagement partner and finance director last week and. v. Its main purpose is to. 1. It commenced operations on 02 January 2022 with authorised share capital of 600 000 ordinary shares of which 400 000 have been issued at R10 per share. com is SAFE to browse. Amortises Definition Login | Join PoetrySoup Home Submit Poems Login Sign Up Member Home My Poems My Quotes My Profile & Settings My Inboxes My Outboxes Soup Mail Contests Poems Poets Famous Poems Famous Poets Dictionary Types of Poems Quotes Short Stories Articles Forum Blogs Poem of the Day New Poems Resources Syllable. Uncertainty justifies estimating the useful life of an intangible asset on a prudent basis, but it does not justify choosing. L’amortissement comptable va permettre de refléter la valeur réelle du bien concerné (c’est-à-dire en comptant la perte de valeur dans le temps), et s’il n’a aucun effet sur la trésorerie d’une entreprise, il a des conséquences sur le bénéfice. decreased. to reduce a debt or cost by paying small regular…. Bookmark. misrates 10. View all. The money set aside for this purpose. Counterfactual queries can be mathematically formulated as a three-step procedure [2. Amortises is a term that is commonly used in the field of finance and accounting. Amortisation expenses can affect a company’s income statement and balance sheet, as well as its tax liability. Fewer examples verb am· or· tize ˈa-mər-ˌtīz also ə-ˈmȯr- amortized; amortizing transitive verb 1 : to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund amortize a loan 2 : to gradually reduce or write off the cost or value of (something, such as an asset) amortise. answered Oct 22, 2010 at 13:41. to take a cost, for example the cost of something bought for a business, away from the amount of tax that is paid, in small amounts over a period of time: The value of the. Get full access to this article. • The principal repaid in the 100th payment • The. 9 letter words made by unscrambling letters ITOSAMERS. 1 table. As no active threats were reported recently by users, amortises. almost three times higher. IAS 12 requires the recognition of deferred tax on all unrealised intra-group profits. This website is estimated worth of $ 8. 100 each at a premium of 10% and balance in. The key difference between prepaid expenses and accrued expenses is that prepaid expenses are payments made in advance for goods and services that are expected to be used in the future and are recognized as current assets in the company's balance sheet while accrued expenses are costs that a company has already incurred during business. The amount that is applied to the principal is. Below are Total 547 words made out of this word. However, we received notice in December 2022 that an additional loan extension was granted by the servicer, in its discretion, until May 2024. There are various types of assets that companies use in daily operations to generate revenues. Go look at how a bond amortises. 85x over 2023-2032. A recognises that amount as a pre­payment on the lease and amortises the resulting asset on a straight­line basis over the period of the lease. Financial Accounting and Reporting (FAC1601)2 days ago. To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund. Commonly used words are shown in bold. $18 million. Βάσεις αμορτισέρ Top Mount. 1. a probabilistic decoder), and h k is a ‘low-level’ invertible mapping (e. The forearm was noticed to be the most common location of parosteal lipomas in the reviewed studies as it appeared in 22 patients (34. Bayside, Incorporated 2022 Income Statement (in millions) Net sales $ 5,840 Cost of goods sold 4,100 Depreciation 320 Earnings before interest and taxes $. 95 on 1 January 2006. remuneration. Need antonyms for amortised? Here's a list of opposite words from our thesaurus that you can use instead. Dividends to Support Construction SegmentSynonyms for amortised in Free Thesaurus. to amortize a debt — trả dần món nợ··Cách chia động từ cổ. The loan was due to mature in May 2023. The act or process of amortizing. Finally, cost-effective analysis revealed that ALPR technology is cost-effective and amortises itself within less than one week for property crimes, and less than a month for violent crimes. Delta Air Lines drew a massive crowd for a US$9bn package of bonds and loans secured against its SkyMiles loyalty programme last week, adding to the company's growing safety net of liquidity. Type up to 14 letters then click the search icon. Choose the icon, enter Fixed Assets, and then choose the related link. modification or exchange, and instead amortises them over future periods. Depending on how many years the player has played for the. Early warning must be understood as a system. more . Preamble. . It is often used interchangeably with depreciation, which. Encyclopedia article about amortisseur winding by The Free DictionaryADNOC will use the sinking fund transfers for general corporate purposes and repay the sinking fund deposits 10 business days prior to series A maturity. Principal and interest either amortises through the life of the prepay, or is embedded in the commodity pricing, or fully repaid and the end of the term as a bullet payment with its attendant refinancing risk. atomisers. If the market interest plain. For example, if insurer A sells assets and recognises a gain of CU10, insurer A amortises DAC by CU2 (20 per cent of CU10). The useful life of an intangible asset may be very long but it is always finite. Doing that actually breaks the number down from a yearly rate into a monthly rate by dividing it by 12. Amortises definition: Third-person singular simple present indicative form of amortise. Find more words!Find step-by-step Accounting solutions and your answer to the following textbook question: On March 1, 2012, Mechanics Credit Union (MCU) issued 7%, 20-year bonds payable with maturity value of $300,000. 017. . Fitch expects CE to continue increasing as the transaction amortises sequentially while the reserve fund remains at its initial balance. 12 million for catalogs, and Hipgnosis says that it “amortises Catalogues of Songs with a limited useful life using the straight-line method of 20 years. You can listen to the pronunciation of the word Amortises in clear voice from this page online through our voice dictionary a unique. The purpose of an accrual is to recognize an expense before the invoice has been received and to recognize a creditor balance on the balance sheet relating to this expense. account for. Βάσεις αμορτισέρ Top Mount Kayaba-Sachs-Bilstein στην καλύτερη τιμή της αγοράς με μεταφορικά από 2€. The debentures sell at 103 and pay interest on 1 May and 1 November. Requirements 1. A tax deduction for the gradual consumption of the value of an asset, especially an intangible asset. All rights reserved. It is often used interchangeably with depreciation, which. 2 Journalise the half-yearly interest payment and amortisation of debenture premium on 1 November 2016. Please spare me the "paying off someone else's bond" argument. · Trả dần, hoàn dần; trừ dần (món nợ). After pET, the overall ongoing pregnancy rate was 42. Quickly find words that start with or contain AMORTISES. Thus it was that on October 2nd a Boeing B-17 Flying Fortress crash-landed after tec…Unscramble : amortises. 3. Notional pooling is a balance management tool. You can use this amazing English to Urdu dictionary online to check the meaning of other words too as the word Amortises. . To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund. 3. third-person singular simple present indicative form of amortise; Examples Stem. Definition. Rate the pronunciation struggling of Amortises. Amortization and depreciation are two methods of calculating the value for business assets over time. Journalise Clark’s issue of the debentures and first half-yearly interest payment assuming that the. amortise (third-person singular simple present amortises, present participle amortising, simple past and past participle amortised) ( British spelling ) Alternative form of amortize 1961 July, “Editorial: Sir Brian begs the questions”, in Trains Illustrated , page 386 : Key Takeaways. ) This structure would still ensure the maximum Solvency II efficiency through the automatic resetting of attachment-detachments points, according to the underlying performance of the block of business. 15. Amortized mortgages have a pre-determined monthly payment due for a set number of months. Hitta alla ord som innehåller bokstäverna amortises. evaluate the string in question; separate it into words; throw away inconsequential words (all-numerics, noise words like 'at', 'the', 'to', and so on); then. We have found 39 Words. Verify AMORTISES in Scrabble dictionary and games, check AMORTISES definition, AMORTISES in wwf, Words With Friends score for AMORTISES, definition of AMORTISES. A report that usually shows the principal and interest allocation of each monthly payment during the first year,the total principal and interest paid in each subsequent year, and the total interest that will be paid over the life of a loan. Abstract and Figures. Business. Amortization is the practice of spreading an intangible asset's cost over that. It's a very important conceptual clarification that has changed how I think about many issues bearing on technical AI safety. Third-person singular simple present indicative form of amortise. add those words to a table which a marker to the row in the original table. paying off. Find Similar Words Find similar words to amortise using the buttons below. 2. Total output or real GDP in any year is equal to. You can use an online amortization calculator or you create an amortization table using a spreadsheet. Thanks to this rental formula, MCB Atelier amortises its investment by dividing the modules among several customers. Full grid defection means that people will add enough storage to be independent of the grid. Question 16abc. Combining the brownfield and greenfield assets under one financing in this way also gives Finerge the flexibility to develop a range of. Making monthly payments towards a car loan or mortgage are typical examples of this schedule. paying back. Patients typically present between ages 30 and 40 with a painfless mass. What does Amortisseur winding mean in English? Learn the meaning of the word Amortisseur winding! How to Pronounce Amortisseur winding. For Problems 1 to 3: The following information was taken from the records of JUGATE PAIRED Co. 2 synonyms for amortization: amortisation, amortisation. The number of years over which a loan will be completely paid by regular monthly payments of principal and interest. An amortisation expense of $45,000 was recorded in the current period as well as total accumulated amortisation of $225,000 for the five years. (əˈmɔrt) adj. Line of credit and revolving-debt arrangements may include both amounts drawn by the borrower. 2. 2 (a), mitigates the risk of exposure to changes in the fair value of a recognised asset or liability or an unrecognised firm commitment (or a component of such items). It had an estimated useful life of eight years from the date of purchase, with no residual value at the end of that period. 1 Present value of future profits (PVFP) 6. net dictionary. Terms of 20,25,and 30 years are common with residential mortgages. Yearly amortisation costs correspond to the acquisition cost divided by a factor 8. present perfect; I: have been amortising: you: have been amortising: he, she, it: has been amortising: we: have been amortising: you: have been amortising: they: have. And, as it is intra-group, there is often no premium paid by the debtor to the party issuing the guarantee. The bonds pay interest on June 30 and December 31. Dynamics 365 Business Central. a. Antonyms for amortization. Antonyms for amortises. However, some investors think that recognising all identifiable assets acquired and liabilities assumed in a business combination at fair value does not provide any useful information. repudiate. Words that start with AM: am, ama, ami, amp, amu, amah, amas, ambo, amen, amiaamortises trong Tiếng Anh là gì? Định nghĩa, khái niệm, giải thích ý nghĩa, ví dụ mẫu và hướng dẫn cách sử dụng amortises (có phát âm) trong tiếng Anh chuyên ngành. The amount allocated toward principal increases steadily month by month as the debt amortises, starting out small at first. Copyright © 2010 by Houghton Mifflin Harcourt. A portion of each monthly payment goes towards interest and represents the cost of borrowing. Financial Accounting and Reporting (FAC1601)2 days ago. 0891, whereas the value per kWh from avoiding buying grid electricity is €0. To investigate the effect of ERBB2 targeting on endometrial progesterone resistance, fertility, and endometriosis, we introduce Erbb2 ablation in Mig-6 d/d mice (Mig-6 d/d Erbb2 d/d mice). Amortize definition: To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund. What happens when solar and batteries join forces? Together they can make the electric grid optional for many customers—without compromising reliability and increasingly at prices cheaper than utility retail electricity. Last updated: Jun 16, 2021 • 2 min read. (Accounting & Book-keeping) to write off (a wasting asset) by annual transfers to a sinking fund. Annual costs. amortise UK. Since accruals are actually classed as creditors on the balance sheet we can. For example, Mags Ltd capitalises the costs of its direct mailings to prospective customers ($4. Answers. Uncertainty justifies estimating the useful life of an intangible asset on a prudent basis, but it does not justify choosing. Company B amortises over 10 years (amortisation of 2 per year). 1. Copy citation VocabTrainer™ 2 million people have mastered 386,775,275 new words. Mortgages: These are long-term loans used to finance the purchase of homes. Loading documents preview. It is often used interchangeably with depreciation, which. Amortises is an accepted word in Word with Friends having 12 points. So, just follow the steps shown below. term, amortization. Protein S-palmitoylation is a. Archaic. g. Past tense for to decrease in amount or degree. . They amortise their mortgage by making extra payments. Opposite of to pay or give what is owed. 0. Ανταλλακτικά Αυτοκινήτων >. The transactions are securitisations of Australian non-conforming residential loans originated by Bluestone Group Pty Limited. amitoses amorists amortise amosites asterism atomiser atomises erotisms maestros misrates mortises smarties trisomes. Type up to 14 letters then click the search icon. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content . maestros 10. This is a satire channel. the process of reducing a cost or total in regular small amounts: 2. Verify if the 9-letter AMORTISES is playable in Words With Friends. " Vocabulary. Tiếng Anh: ·Động từ chia ở ngôi thứ ba số ít của amortise··Cách chia động từ cổ. It amortises itself after 2 and a half year, which is not that much. Notional pooling results in bank balances. Amortized Cost is the amount at which the financial asset or financial liability is measured at initial recognition minus the principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount and, for financial assets, adjusted for any loss allowance. A tax deduction for the gradual consumption of the value of an asset, especially an intangible asset. Although Ellaktor's debt in renewable and environment segments amortises (around EUR35 million for the remainder of 2021 and EUR39 million for 2022), the company has no material refinancing needs until 2024 when the EUR670 million notes matures. The debentures sell at 103 and pay interest on 1 May and 1 November. Among these are fixed assets, which they use in the long run to generate revenues. It is also used to accelerate the motor during starting. Factors that could, individually or collectively, lead to negative rating action/upgrade:The transaction has a liquidity facility of EUR14. amortises. Progression to high grade sarcoma is not identified. 2. Updated 8 years 6 months ago Update StatThe Facility has a three-year term, with interest payable monthly at 9. 786 Unscrambled Words Using the Letters ITOSAMERS. com, Accessed 31 Oct. What is the plural of amortisseur winding? Use our Synonym Finder. formerly, in the law of property, to transfer lands in MORTMAIN. Assume that an economy has 1,000 workers, each working 2,000 hours per year. Amortises is a 9 letter long Word starting with A and ending with S. atomises 10. Show the amount of discount to be written off each year. 2 Journalise the half-yearly interest. 812$. evaluate the string in question; separate it into words; throw away inconsequential words (all-numerics, noise words like 'at', 'the', 'to', and so on); then. spiritless; lifeless. Paragraphs in bold type indicate the main principles. (computer science) To even. Doc Preview. . Download a template for creating loan amortization reports by going to the. Get full access to this article. The limit (effectively the principal) amortises downwards each month per whatever schedule you agreed to in your loan contract. 3. a periodic payment plan to pay a debt in which the interest and a portion of the principal is included in each payment by an established mathematical formula. Dynamics 365 Business Central. If the market interest rate is 6% when MCU issues its bonds, will the bonds be priced at maturity (par) On March 1, 2012, Mechanics Credit Union (MCU) issued 7%, 20-year bonds payable with maturity value of $300,000. Difficult (1 votes) Spell and check your pronunciation of amortises. On the specifics in this question: you've identified the position for two of your three intangibles. Amortises might refer to; In computer science, amortized analysis is a method for analyzing a given algorithm's complexity, or how much of a resource, especially time or memory, it takes to execute. Calculating amortisation for accounting purposes is generally straightforward, although. Word finders. The newly developing foetus is supplied with nutrients through umbilical vessels and at the same time washed by amniotic fluid, which amortises and protects it. Materials and Methods. Synonyms for amortises in Free Thesaurus. PDF. The bonds pay interest on June 30 and December 31. given a bounty to. There are various types of assets that companies use in daily operations to generate revenues. Due to the extremely low incidence, to this date studies on. In the event of a liquidation, senior debt is paid out first, while subordinated debt is only paid out if funds remain after paying off senior debt. Financial Profile. atomisersNoah amortises debenture premium by the straight-line method. A mortgage on land and buildings serve as security for the debentures. This invention relates to a system for protecting an amortisseur winding during the starting of a synchronous motor. Copy. 1 The main variants of surface osteosarcomas are the parosteal, perisoteal and the high grade surface. What are synonyms for amortised?Indian Accounting Standard (Ind AS) 109 Financial Instruments# (The Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. A monthly repayment of just under $2000 should work. Click on a word above to view its definition.