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ivanzaharov [21]
1 year ago
14

muhammad yunus, founder of the grameen bank, was highly successful in his use of applying social incentives through group respon

sibility in order to maximize loan repayment rates. this success created an incentive for other banks to:
Business
1 answer:
BaLLatris [955]1 year ago
6 0

Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.

To learn more about social incentives :brainly.com/question/3579101

#SPJ4

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Answer:

The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent.

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if the rent is paid at the beginning of the month, the present value of the lease contract will be:

PV = monthly rent x PV annuity due factor

we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568

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the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287

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7 0
3 years ago
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3 years ago
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