d instrument by which a borrower of funds agrees to pay back

d instrument by which a borrower of funds agrees to pay back the funds Question 21 (2 points) A bond is a with interest on specific dates in the future. long-term equity long-term debt short-term debt short-term equity

Solution: long term debt

Explanation: Bonds payable are a form of long term debt; and are generally issued by hospitals, corporations, and governments