Solution :
It is given that :
Amount of investment or the principle amount , P = $ 100
Time of investment , t = 6 years
Rate of interest compounded annually r = 6 %
Therefore the future amount of this investment in a 6 year time is given by,
Therefore, after 6 years the investment of $ 100 will give an amount of $ 141.
Answer:
The amount that people and businesses choose to hold.
Explanation:
The amount that people and businesses choose to hold.
The total demand for money is the total amount of money that people wants to hold and there are three main reasons for which money is being held. First is transactions related reason, second is the precautionary reason, and third is the speculative reason. The above three reasons push the people to hold the money that becomes the total demand for money.
Misappropriation of assets is a fraudulent act that involves theft of company property.
In asset management, the challenges faced in addition to maximizing the life cycle of the asset itself are errors, misappropriation of assets and financial statement fraud on assets under management.
Mistakes are common in various managements, errors in asset management are caused by unintentional mistakes, in contrast to misuse and fraud which have an intentional element. These things lead to company losses in terms of assets.
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Understanding Missappropriation of Assets</h3>
Misappropriation of company assets or assets is an illegal act which is often also referred to as embezzlement of assets or theft of assets. For example, embezzlement of company cash, use of facilities for personal gain, fraudulent expenditure of company expenses.
The embezzlement of large amounts of assets will adversely affect the company's cashflow. If not immediately detected and prevented, this will become a new culture that is detrimental to the company.
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