Answer:
the amount of interest that is collected is $503.75
Explanation:
The computation of the amount of interest that is collected is shown below:
= Cash loan × number of days ÷ total number of days × rate of interest
= $31,000 × 90 days ÷ 360 days × 6.5%
= $503.75
Hence, the amount of interest that is collected is $503.75
This is the answer but the same is not provided in the given options
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Year 1= 1.5%
Year 5= 3.5%
Year 10= 3.5%
10 year nominal interest rate will be 3.5%
Explanation:
Answer:
<u>b. False</u>
<u>Explanation:</u>
<em>Remember, </em>the term social responsibility in this context refers to an individual doing what would benefit society first, over any gain he may derive if he does otherwise.
For example, we are told that there is "low paying wages in Belize," which means low worker welfare, thus, even if no labor laws were been broken in his country, Olivia has a social responsibility to pay fair prices for the necklaces and earrings.
A map from trade development commissions or chamber of commerce can help identify <em>major areas of commerce and location.</em>
Explanation:
Google map helps with location of building but will not give information about the commerce aspect of the building.
But since the Trade Development Commission has exclusive responsibility to provide that, then it will be more useful to identify major areas of commerce and their locations.
#learnwithbrainly
When a number of countries are working harmoniously together, then they would have no problems involving coordination and policy harmonization. It is inevitable to have a difference in opinions brought about by the diversity of culture. However, when countries respect each other's views, they work hand in hand to adjust and compromise with each other. So, the statement is false. The answer is B.
