Answer:
Explanation:
Amount actually received = Initial amount - interest payment
Interest payment = 10,000*12%/2 = 10,000*6% = 600
Amount actually received = 10,000-600 = $9,400
A majority of the justices, or five out of the nine on a full Court, must agree. The opinion has been written at this point. This is the court's judgment in writing.
<h3>What is the significance of the Supreme Court?</h3>
In our system of government based on the Constitution, the Supreme Court is incredibly significant.
First and foremost, it acts as the final resort for anyone looking for justice because it is the nation's highest court. Second, it is crucial for ensuring that each arm of government understands the boundaries of its own authority because of its ability to conduct judicial reviews.
Third, it defends civil liberties and rights by overturning unconstitutional legislation. Finally, it establishes reasonable boundaries for democratic government by preventing popular majorities from passing legislation that discriminates against or unfairly benefits unpopular minorities.
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A risk pool<span> is one of the forms of </span>risk<span> management mostly practiced by insurance companies. Under this system, insurance companies come together to form a </span>pool<span>, which can provide protection to insurance companies against catastrophic </span>risks<span> such as floods, earthquakes etc.</span>
A tbh i have no idea i just guessed
Answer:
simple interest
Explanation:
Simple interest is the amount of money that an investment earns during 1 given period, it is calculated by multiplying the principal amount of the investment by the interest rate = $4,000 x 4% = $160
On the other hand, compound interest is interest that gains more interest by itself. This means that the interest gained during a given period, will gain more interest itself for the next period. It is calculated using the following formula = principal amount x (1 + interest rate)ⁿ, where n is the number of periods.