Answer:
True. As a former US Lawyer, Senator and the 7th President of the United States of America, Andrew JAckson championed this idea of the president bieng incharge of the national policy issues rather than leaving it in the hand of the Congress.
<em>He is known as the peoples president due to the series of policies he initiated like the support of individual liberty, the policy that caused the forced migration of the native Americans etc.</em>
<em>His use of the veto power is also another way which he demonstrated the idea that the president rather than congress should take the lead in national policy issues. </em>A typical example is the bill on the bill through Congress to re-charter the second bank of America (institution) which he vetoed (the rejection of the bill) because it encourages the advancement of the few individual at the expense of other citizens.
Explanation:
The saving account will have 575.125 USD after 2 years.
Explanation:
Usually, when people want to save money in a bank, they get a particular compound interest rate. This is of benefit for both sides, as the bank has the money at disposal and uses them, while the saver gets certain amount of money because of it. The interest rates can vary greatly, and in this case we have 7.5%, which is a very large interest rate in modern times.
If the saver has 500 USD at the beginning, and leaves the money in the bank for two years, he/she will get solid amount of compound interest for it. In order to get to the result we simply need to add 7.5% of the amount to it, and for the next year to add 7.5% on the amount that has accumulated from the previous year:
(500/100)x7.5 = 537.5
(537.5/100)x7.5 = 575.125
We get a result of 575.125, meaning that the saver has managed to gain 75.125 in the two years that the 500 USD have been in the bank.
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I’m pretty sure it is Santa Fe
