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fenix001 [56]
1 year ago
6

What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you jus

t did?
Social Studies
1 answer:
Setler [38]1 year ago
5 0

There is a positive relationship between both the interest rate used to compound a present sum and the number of years for which the compounding continues and the future value of that sum.

<h3><u>What is interest rate?</u></h3>
  • The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount.
  • Typically, a loan's interest rate is expressed as an annual percentage rate, or APR (APR).
  • A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD).
  • The interest received on these deposit accounts is measured in annual percentage yields (APY).

In essence, interest is a fee assessed to the borrower for the use of a resource. Borrowed assets may include money, merchandise, automobiles, and real estate.

Know more about interest rate with the help of the given link:

brainly.com/question/13324776

#SPJ4

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Computer scientists sometimes use a different name for the repeat block, and it is called a ______.
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<span>Loops is the different name for repeat block used by Computer scientists A while statement repeats a section of code over and over again as long as some condition is true is called a while loop</span>
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A(n) _____ group is the group with the most power, greatest privileges, and highest social status.
siniylev [52]

The group that is being described above in which that contains of having the most privilege, power and highest social statuses is referred to as the dominant group. This group holds power and status compared to the minority who are treated unequal.

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Who was a Ugandan dictator
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Read 2 more answers
Sometimes a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in t
TiliK225 [7]

The correct answer would be, Reformation.

Sometimes a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in the document. When this happens, a legal action called a Reformation is necessary to correct the contract.

Explanation:

When two parties make a deal about anything, they write a contract which contains the clauses for that deal. But sometimes the contract does not accurately reflect the intentions of the parties, due to some mechanical or clerical error.

So when this happens, then the court orders the parties to rewrite the part of the contract which appears to be having wrong intentions. Actually, the court allows the parties to take some action and remove or correct the discrepancy.

This is called as Reformation.

Learn more about Reformation at:

brainly.com/question/14283313

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7 0
3 years ago
To protect Venice Italy from overtourism, I think that the number of tourists allowed should be ____________ per day because…?
STALIN [3.7K]

To protect Venice (a city in Italy) from over-tourism, the number of tourists allowed should be 55,000 per day.

Venice is a beautiful city in Italy that attracts a great deal of tourists. Some 20 million people flood Venice every year. on its busiest days, the tourist number increases to 120,000 which is almost double the population residing there.

Venice is in the mood to reduce tourist entry due to the fact that many people come on cruises, stay for a few hours, and leave, providing no economic benefit.

The visitors who do stay for a night or two may also contribute to Venice's problems. Due to high property prices, owners are converting family homes and low-income rentals into lucrative holiday rentals. As a result, housing is becoming increasingly expensive, and only the very wealthy can afford to live here.

The very well solution is that the tourist count should be limited to just as the population count who are the permanent residents i.e. 55,000.

To know more about Venice check this:

brainly.com/question/7066718

3 0
1 year ago
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