Something of value that is used to back up a loan is known as what?

dividends
collateral
capacity
conditions

Collateral

Explanation:

Collateral is known to be something of value or a property which a borrower gives to a lender in return for money borrowed. Furthermore, this is usually a form of security for the lender in case the borrower does not pay the loan. Thus, if the borrower fails to pay back the loan, the lender takes the property.

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

answer; balance sheets;