Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates.
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,
Answer:
The answer is A. After months of consistently raising, the unemployment rate stayed the same for two months in a row.
Explanation:
<span>The fact that the single Indian biology professor Anish was not given home loan from the local national bank because </span>minority group members are risky because they are not likely to hold a steady job is an example of institutional discrimination.
I<span>nstitutional discrimination is </span>discrimination that has been incorporated into the structures, processes and procedures of organizations.
I think the answer is A. Sorting and charting data from surveys
<span>A work order is created as soon as the customer places the request for a product or service. Since the manufacturing or the creation of the item begins only after order is made, all the resources and the raw materials should be in place well before time.</span>
