Answer: C. Reformation
Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.
Answer:
Follows are the solution to the question:
Explanation:
m = 4,
EAR = 
The successful quarter cumulative rate of interest = 8.24 \%
In Method 2 use Tool in Texas:
By Using the (ICONV) worksheet:
1)
To pick the worksheet, click ICONV 2.
2)
Its previous meaning will represent the NOM.
3)
To clear the worksheet, click [CLR WORK] 2nd
Continue as below.
Displayed keystrokes:
NOM = previous value 2nd ICONV:
NOM = 0.00 2nd CLRWORK:
8 DAYS: Name = 8.00.
EFF: DownArrow = 0.00
DownArrow: C / Y = meaning previous
4)
DOS: C / Y = 5.00 p.m.
EFF: DownArrow = 0.00
CPT: FRP = 8.24
Answer:
Karen will owe an interest amount of=$36.75
Explanation:
<em>Step 1: Determine the total amount after a month </em>
The total amount compounded annually can be expressed as;
A=P(1+R/n)^(nt)
where;
A=total amount
P=principal amount
r=annual interest rate
n=number of periods the interest is compounded annually
t=number of years
In our case;
A=unknown
P=$2,450
r=18%=18/100=0.18
n=12
t=1/12
replacing;
A=2,450(1+0.18/12)^(12×1/12)
A=2,450(1+0.18/12)^1
A=2,450(1.015)
A=$2,486.75
<em>Step 2: Determine the interest amount after a month </em>
Interest amount=total amount-principal amount
where;
total amount=$2,486.75
principal amount=$2,450
replacing;
Interest amount=2,486.75-2,450=$36.75
The interest amount=$36.75
In logistic growth population starts out slowly, then increases rapidly, and eventually flattens out at the carrying capacity.
