The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
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In economics, decisions are necessary because resources are scarce, while wants and needs are practically unlimited.
<h3>What is economic?</h3>
Economics examines how products and services are produced, distributed, and consumed as well as the decisions that people, corporations, communities, and countries make when distributing funds.
There are enormous people who are living in this world and all of them have some kind of need or want them to need to fulfill and also which means that there will be limited resources that will be available to them in the near future also.
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An advantage of a sole proprietorship is B. IT FACES FEW GOVERNMENT RULES.
Compared with corporations, establishing a sole proprietorship business has lesser government requirements. This is because the sole proprietorship business is an extension of the owner. Any assets and liabilities the sole proprietorship has is also the assets and liabilities of the owner. There is no separation of juridical entity.
The government body responsible for the regulation of the Indian banking system is the Reserve Bank of India.
<h3>What is Government?</h3>
A government refers to an administrative system developed to maintain the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens.
The reserve bank of India is the governing body that is responsible for the regulation of the Indian banking system which provides guidelines regarding interest rates and issuing of funds and bonds to businesses and individuals.
This maintains the currency system and helps in economic decisions by managing the credit system of the country.
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Answer:
Numbers
Explanation:
The book of Numbers is the fourth book of the Hebrew Bible and the fourth of five books of the Jewish Torah. It tells the story of the amazing journey and it is also used as a travel diary of the Israelite after the exodus. This book is called the book of numbers because according to them god ordered them to establish a census to count the numbers among the twelve tribes.