Answer:
$1320
Explanation:
Data obtained from the question include:
Principal (P) = $22000
Rate (R) = 12 %
Time (T) = 6 months
There are 12 months in a year i.e
12 months = 1 year.
Therefore, 6 months = 6/12 = 1/2 year
Interest (I) =?
Interest is related to principal, rate and time by the following equation:
I = PRT
I = 22000 x 12% x 1/2
I = 22000 x 12/100 x 1/2
I = $1320
Therefore, the interest revenue earned for the entire term of the note is $1320
6 because you would take 3/4 / 1/8 and then continue to follow the reciprocal to get 24/4 which is 6.
Answer:
A small land-locked country
Explanation:
A landlocked country shall face the greatest obstacle to development.
This is because by being landlocked, it cannot access the outside world.
No international business shall happen between the country and others, thereby no<em> foreign revenue</em> shall be earned by the country.
Access to a country is primary in its business dealings with other countries, thereby a landlocked country is an economically maimed country.