Answer:
The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.
Explanation:
The Janissaries were Christian boys, that were taken as salves from the Balkan region (Southeast Europe) that ended up in Anatolia (west Asia) and were indoctrinated into Islam and circumcised.
They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.
Explanation:
i=interest rate
X=current rate
2X = double current rate
n = number of years
Calculate time it takes to double at 3%:
2X = X(1+i)^n
simplify by cancelling out X
(1+i)^n = 2
substitute i = 3%
(1.03)^n =2
take log
n*log(1.03) = log(2)
n = log(2)/log(1.03) = 0.6931/0.02956 = 23.45 years
Similarly, for growth rate of 7%,
n = log(2)/log(1.07) = 0.6931 / 0.06766 = 10.24 years
So the difference is 23.45-10.24 = 13.21 years (to the hundredth) sooner
Answer:
This statement about finance is true.
Explanation:
Finance can be defined as the study of money management and activities related to it. It is concerned with allocation of assets and liabilities. It can categorized into three types, public, personal and corporate.
Studying finance is important for business students, irrespective of their majors as finance is crucial part of any business and plays a very vital role in the working of any organization. Finance lies at the core of the business decision making. It is thus necessary to understand the concept of finance.
Also, to all individuals, knowledge of finance is helpful as it is involved in our daily lives, in paying our bills and managing our taxes or in loans and mortgages.
Answer:
(B) Dow Jones Economic Sentiment Indicator
Explanation:
Dow Jones Economic Sentiment Indicator measures the economic health of the Texas economy; furthermore, it is commonly approved by economists throughout the US, as an economic measurement tool used for forecasting.