Answer: B. Lenders prefer less frequent compounding.
Explanation:
That's false because the APR or any company wants people to pay loan and interest. That's how any credit method works. The APR means " Annual Percentage Rate" it is used to make a comparison between the standard of interest that you are likely to pay on loans or credit card balances.
Answer:
By encouraging inducement to save and also mobilising savings from the public, banks help to increase the aggregate rate of investment in the economy. This creation of credit, if it is used for productive purposes, greatly larges production and investment and thus promotes economic growth.
how?
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. Bank loans facilitate commerce.
Manufacturers borrow from banks the money needed for the purchase of raw materials and to meet other requirements such as working capital. It is safe to keep money in banks. Interest is also earned thereby. Thus, the desire to save is stimulated and the volume of savings increases. The savings can be utilised to produce new capital assets.
Domestication is the process of adapting wild plants and animals for human use.
I feel that it his greatest achievement was inspiring many people through his art. <span />
Answer:
<h3>C. Citizens who are 16 or older can vote.
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Explanation:
- In Cuba, citizens who are over the age of 16 can vote in the elections. This right to vote is applies to all elections which are the national assembly election, the provincial assemblies and the municipal elections.
- Cuba practices a one-party republic and the Communist Party of Cuba is the largest political party in the country. The president is directly elected by the National Assembly.
