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kirza4 [7]
3 years ago
10

Explain the benefits of a compound interest in an investment

Social Studies
2 answers:
maria [59]3 years ago
6 0

Compound interest grows money two time faster than simple interest. Interest of each month multiplied by the interest of total period in a year. It may also be on quarterly, half yearly or annual basis.

Explanation:

Compound interest calculated on the basis of accumulated interest and interest on original principles. That's why it grows money larger than simple interest. We can also earn compounded interest in money market and certificates of fixed deposits.

We can earn more money by investing the saved money in a rolling basis. We can make more interest by investing it in-

  • Saving account investment
  • Bonds or certificates

Compound interests are doubled of simple interest by multiplying simple monthly interests by total number of period.

harina [27]3 years ago
4 0

The compound interest refers to the interest a person gets on his market accounts and certificates of Deposits

Explanation:

<u>Compound interest basically  makes your sum of money grow at a faster rate in comparison to the  simple interest because you not only earn returns on your investments but you also earn returns on that returns at the end of every compound period which can be daily ,monthly,quarterly or annually</u>

<u></u>

Bonds like zero coupon bonds  incorporate compounded growth

In simple words Compound interest the interest is calculated not only on the accumulated interest but on the original principal also  

That is the basic reason why compound interest is considered in a investment

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3 years ago
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WAY 1. What level of government (local, state, or national) would best suits each category?
Klio2033 [76]

Answer:

For Way 1: <em>What level of government (local, state, or national</em>[*]<em>) would best suits each category?</em>

  • Immigration: National.
  • Education: State.
  • Environment: State.
  • Water Rights: Local/State.
  • Homeland Security: National
  • Unemployment: State.
  • Transportation Infrastructure: State/National.

For Way 2: <em>How does each level of govt. affect each policy category? This way may help you organize your thoughts more. </em>

<em />

Most of the issues should be handled by the state. Things like <em>immigration</em> and <em>homeland security</em> should be managed by the Federal Government because they effect the nation as a whole; while <em>water rights</em> should be managed either by the local municipal government or by the state. Things like <em>transportation infrastructure</em> should be maintained by the state, as you do pay taxes to the state government to maintain them. However, interstates are federal roads and should be maintained by either the state they lie in or federal government.

Explanation:

Immigration is a national issue. Immigrants can go wherever in the country they want, and that is why the Federal Government should handle this.

For me, education policies should be left to the states to decide. The Federal Government could set guidelines down as to what needs to be required generally, but otherwise, let that be an issue the states handle.

When it comes to environment, not everyone agrees how to handle this topic. I think it should be up to the states to decide how they are going to handle this issue. It would allow states like Washington and California that are supposedly "sticking up for the environment" to band together without Federal interference and it would allow states like Texas and Idaho to be free to do their own thing without Federal interference. The Federal Government should only step in  there are building cities being built on toxic waste dumps, should there be any toxic waste dumps.

On the topic of water rights, I do not know what you mean. Everyone has the right to clean water. And keeping that water clean and accessible should be handled by the local government. The state should step in if the local government isn't keeping the water clean and accessible.

Homeland security is a national issue that effects the nation as a whole and should be handled by the Federal Government.

Unemployment is a national issue, but I think the states should handle it. Every state (and city for that matter) can set its own minimum wage and local policies that can help businesses decide if they want to hire more or less people. For example,  if the local or state government sets the minimum wage to $20/hour but the business isn't making enough money to pay all of its employees (say it has 20 employees), it will either lay off/fire a number of those employees and avoid hiring more to allow it to pay the minimum wage, cut the time employees are working so they work less time and require less pay, or raise its prices. Of course, a small business likely wouldn't be able to raise its prices and probably can't afford to cut the time its employees are on staff. This means more people will be out of work, and prices will also be higher to pay for the wages for those still in the workforce. Like the environment, people differ on this topic and I think its best to keep the federal government out of this issue to ensure it gets handled the way the locals want it to.

Highways like US. Route 101 should be managed by the state, since they aren't as important to inter-state travel as the auspiciously named interstate system. However, interstates should be maintained by both/either the state or the Federal governments.

I take it the question is from a test, so I would guess you should also consult what the lessons or textbooks say about the topic. The question is worded in such a way that it is asking for your opinion, but I would suggest sticking as close to the course as possible for the sake of not getting a bad grade (or worse grade if you already have a bad grade).

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In a 6-8 Paragraph explain how the stamp act led up to the American Revolution
kow [346]

Answer:

The Stamp Act was a tax put on the American colonies by the British in 1765. It said they had to pay a tax on all sorts of printed materials such as newspapers, magazines and legal documents. It was called the Stamp Act because the colonies were supposed to buy paper from Britain that had an official stamp on it that showed they had paid the tax.

The French and Indian War was fought between the British American colonies and the French, who had allied with the American Indians. It lasted from 1754 to 1763. The American colonies eventually won the war, but only with the help of the British army. The British government felt that the colonies should share in the expense of the war and help to pay for the British troops in the Americas. The Stamp Act of 1765 was a tax to help the British pay for the French and Indian War. The British felt they were well justified in charging this tax because the colonies were receiving the benefit of the British troops and needed to help pay for the expense. The colonists didn't feel the same.

The colonists felt that the British government had no right to tax them because there were not any representatives of the colonies in the British Parliament. The colonies had no say in how much the taxes should be or what they should pay for. They didn't think this was fair. They called this "taxation without representation".

The colonies reacted in protest. They refused to pay the tax. The tax collectors were threatened or made to quit their jobs. They even burned the stamped paper in the streets. The colonies also boycotted British products and merchants.

The American colonies felt so strongly against the Stamp Act that they called a meeting of all the colonies. It was called the Stamp Act Congress. Representatives from the colonies gathered together in New York City from October 7 to October 25 in 1765. They prepared a unified protest of the Stamp Act to Britain.

It was during this time that groups of American patriots called the Sons of Liberty began to form. They took the protests of British taxes to the streets. They used intimidation to get tax collectors to resign from their jobs. The Sons of Liberty would play an important role later during the American Revolution.

Eventually, the protests of the colonies to the Stamp Act began to hurt British merchants and businesses. The Stamp Act was repealed on March 18, 1766. However, the British Parliament wanted to send a message to the colonies. The Stamp Act may not have been a good way to tax the colonies, but they still felt they had the right to tax the colonies. The same day they repealed the Stamp Act, they passed the Declaratory Act which stated that the British Parliament had the right to make laws and taxes in the colonies.

The British government didn't stop trying to tax the colonies. They continued to add taxes including a Tea Tax that would lead to the Boston Tea Party and eventually the American Revolution.

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3 years ago
Which of the following is an aspect of iron triangles?
densk [106]

Answer:

A symbiotic relationship among  Congressional committees, executive  agencies, and interest groups.

Explanation:

Iron triangle is a United States political term used to describe the relationship between congressional committees, bureaucracy, and interest groups when a decision needs to be made between the three.

In the iron triangle, Congress, bureaucracy and interest groups establish a partnership relationship, where each seeks to protect and benefit each other, and to assist each other in their policies and objectives. For this reason, the correct answer to your question is:  "a symbiotic relationship among  Congressional committees, executive  agencies, and interest groups."

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