The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.
Explanation:
The given is,
Simple interest of 4.5 %
Earn $90 of interest for 8 months
Step:1
Formula to calculate the simple interest method,
...................................(1)
Where,
F - Future amount
P - Initial investment
i - Rate of interest
N - Number of years
From given,
i - 4.5%
Let, X - Initial investment, P = X
F = P + Interest amount
F = X + 90
From the equation (1),

(∵ N = 8 months =
= 0.667 year )






= 3000
P = X = $ 3000
From the X value.
F = P + 90
= 3000 + 90
F = $ 3090
Result:
The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.
Answer: Son's argument should fail
Explanation:
The son's defense will fail because the location of the easement is not governed by reasonableness as it had been established at its current location by the neighbor.
It can not now be changed arbitrarily by the son because the original owner had allowed it to be built. The easement's location is therefore established by actions between the original owner and the neighbor and so it is a binding location.
Answer: Wikis application
Explanation: Wiki would be the most appropriate application for the team as it is a collaborative web site that is used to collect and organize the content revised by its users. Wikis is also a user friendly application and is easy to use. As a team we can use it to as a common platform where we can report our daily work done so it helps to better balance the workload.
Stocks Represent Ownership
Shares of common stocks represent ownership in the company.
Voting Rights
Attached voting privileges are a characteristic of most common stocks.
Common Stock Value
Hypothetically, the value of stocks has no ceiling.