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.
(can u see where this is going) or if each letter of the alphabet was an element, then words would be compounds. Therefore, a compound is not a pure substance but a mixture of two or more substances to form a new substance. heterogenerous mixture is a mixture that has one or more substances in it that are easily detected or you can tell apart. A homogenerous mixture is a mixture that has one or â¦ more substances, but it is not easy to tell the substances apart by looking at it.