Answer:
Option (A) $750
Explanation:
Data provided in the question:
Principle amount i.e the amount deposited = $2,500
Interest rate = 6% = 0.06
Time = 5 years
Now,
The formula for the Simple interest is given as:
Interest = Principle × Rate of interest × Time
Thus,
Interest = $2,500 × 0.06 × 5
or
Interest = $750
Hence,
Option (A) $750
Answer: By creating risk pools, insurance companies help spread the risk and avoid the type of massive payout required after a catastrophic loss. It is a form of risk management for insurance companies. If a claim is made for reimbursement due to that catastrophic loss, the participating insurance companies spread the loss among themselves.
Explanation:
Answer: (B) Legal responsibility
Explanation:
The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.
The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.
According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.
Therefore, Option (B) is correct answer.
To get the formula for the principal, we will use the
formula for the interest and derived it from there:
I = Prt is the equation then it will be P = I /rt since we
are looking for the principal.
P = I /rt
= $500 / (0.145 x 240/360)
= $500 / 0.0967
= $5170.63
To check:
I = Prt
= $5170.3 x 0.145 x 240/360
= $499.8 or $500
Since 1960, when the Central American beef market began booming, over 25% of the rainforests have been cleared for cattle grazing is a TRUE statement.
