Denote the principal amount: P
In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest.
=> P x (1 + 4.75/100)^25 - P = 2375
=> P x 3.19 - P = 2375
=> P x 2.19 = 2375
=> P = 2375/2.19 = 1084.48$
The principal is most commonly used to refer to the original amount borrowed on a loan or invested in an investment. It can also refer to the face value of a bond, the owner of a private company, or a key participant in a transaction.
Suppose you buy a home for $ 300,000 with a 20% down payment. In this case, you will pay back $ 60,000 on your loan. The mortgage lender then pays $ 240,000, which is the cost of the loan balance. In this case, the principal balance will be $ 240,000.
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Answer:
The correct option is<em> "A." which is "believed that the free market assured personal freedom."</em>
The Young Americans for Freedom was based on the<em> Sharon Statement.</em>
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Explanation:
<em>The Young Americans for Freedom (YAF) </em><em>is an ideologically conservative youth activism organization that was founded in 1960 as a coalition between traditional conservatives and libertarians on American college campuses.</em>
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<em>The summary of the Core Principles of the Sharon Statement are:</em>
- <em> Individual freedom and the right of governing originate with God;</em>
- <em> Political freedom is impossible without economic freedom;</em>
- <em> Limited government and strict interpretation of the Constitution;</em>
- <em> The free market system is preferable over all others;</em>
- <em> Communism must be defeated, not contained.</em>
I do believe your answer would be true.
Answer:
financial planning
Explanation:
It is best to be prepared. most things we want to do cost money. It is very easy to loose track of spending money.
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.
This basically means that they are operating at a level where the amount which they produce relates to the amount they spend.