If a loan has an interest which is compounded monthly, this means that n= 12. The rate will have a monthly interest of 13% per month. Since she is going to pay the loan off in 3 years, this would mean that her monthly payment would be $100 plus the interest per month of 13% which is $468. Therefore, the total monthly payment is $568. Hope this answer helps.
I don't really remember this one but I think it was the French and britsh.
Answer:
The correct answer is option A: As a representation of achievement, assertiveness and material reward for success.
Explanation:
Hofstede views on masculinity saw it as the best characteristic and quality that any person could have and they were above everyone else.
Answer: B) To prohibit charging excess interest on loans.
Without these laws in place, price gouging (more or less) is very possible. Though with things like high interest rate on credit cards, it's a bit vague and unclear just what constitutes "unreasonable" in terms of how high the rate gets. It seems subjective in my opinion.
