The interest of Lin is calculated for the loan to be taken, $181 for 4.5% interest rate. $179.4 Interest expense total if 3.9% interest is paid for 8 years.
<h3 /><h3>What is Interest?</h3>
Interest is the amount paid in return for loan, the interest is calculated with a percentage that is agreed when loan is provided.
Loan is charged with the interest rate.
The interest expense was calculated as $575 * 4.5% * 7 years = $181
$575 * 3.9% * 8 years = $179.4.
Mrs. Brookes will have approximately $1400 at the end of year 2.
$1200 * 1.08 = $1296
$1296 * 1.08 = $1399.68
Ben will earn $ 11,249 for Account I
Ben will earn $ 10,927 for Account II
Account I
$10,000 * 1.04 = 10400
$10400 * 1.04 = 10816
$10816 * 1.04 = 11249
Account II
$10,000 * 1.03 = 10300
$10300 * 1.03 = 10609
$10609 * 1.03 = 10927
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Caribbean countries remain producers of primary products mainly because they lack the means to process their resources
This is further explained below.
<h3>What are
Caribbean countries?</h3>
Generally, The Caribbean is an area in the Americas that is made up of the Caribbean Sea, the islands that are located in the Caribbean Sea, and the coastlines that are located around the Caribbean Sea. The area is located to the southeast of the Gulf of Mexico and the continent of North America, to the east of Central America, and to the north of the islands, reefs, and cays of South America.
In conclusion, Countries in the Caribbean continue to specialize on agriculture as their principal economic activity mostly due to a lack of industrial infrastructure to process their raw materials.
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This marital practice is called : Endogamy
Endogamy is a marital process in which the grooms and brides only limited from within local community or tribe.
This marital method is deemed to be out-of-date and only carried out in the past to maintain the 'bloodline' of a specific tribe or clan.
Answer:
Manuel Belgrano was a procer of Argentina.
He was a lawyer and participated in the May revolution and in the independence of Argentina against the Spanish.
In turn, I face great struggles together with Mariano Moreno and José de San Martín.
He was in charge of managing the troops of Northern Argentina where he fought right there and contributed to the liberation of Peru.
But one of the reasons that makes him most recognized is that he has always worked in the right to knowledge of the Argentine people, that is why he specialized in Europe and promoted the education of the country regarding his intellect.
Explanation:
Manuel Blegrano today is highly recognized in Argentina, respected as a procer, and most of his memories are respected in the Argentine national anthem and in the house of Tucuman that remains in the province of Tucuman, Argentina.
He was born in the province of Buenos Aires and was not only a lawyer as he was named, but also a military man, journalist, diplomat and economist.
Carrying into Execution the foregoing powers.
