I'm not sure, can you please describe her..
argued that people have a moral responsibility to obey just laws and break unfair laws.
I believe the question is A.Their loyalty to the United States, EXPLANATION- I believe it's A because this question seems like it was during the early 1900s Maybe in WW1 or 2.
Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,