Some include a voluntary prepayment clause allowing the borrower to pay the loan off before its due date under specific circumstances. The agreement must specify the interest rate, calculation process and repayment process. If your loan has a grace period, that should be stipulated as well. Finally, you will find the consequences and penalties in case of a payment default by the borrower. Banks usually require security to back your loan.
Report Abuse. ok, an element is something that cannot be separated into 2 different substances. (if its on the periodic table, it is an element) a compound is a mixture of two or more substances homogeneous mixtures, are made up of two or more things and cannot be seperated by physical means.
A compound is a chemical combination of two or more elements in definite proportions. For example, two hydrogen molecules + one oxygen molecule= one water molecule. A solution is a physical combination of two or more chemicals mixed evenly (salt that is dissolved in water). Solutions are also known as homogenous mixtures.