The desert was harsh and hard to cross
Answer:
Based on this information, the forward rate of the Singapore dollar exhibited a discount at the beginning of the month, and discount changed to a premium by the end of the month.
Explanation:
Interest is understood as the “premium” paid to the lender for not having used these resources for a period of time that the borrower could use. Interest is the remuneration paid for the capital that is borrowed. The interest rate, in turn, is the relationship that exists between the interest received by the lender and how much of the resource was borrowed. Based on this, we can state that in a situation where the US interest rate was 4%, while Singapore's interest rate was 5% at the beginning of the month, while Singapore's interest rate increased while the US interest rate declines over the month, the Singapore dollar forward rate exhibited a discount at the beginning of the month, and the discount changed to a premium by the end of the month.
Mc Whorter believes that texting “degradates written language” because he deliberates that texting is not really a written language. He also adds that texting bear a resemblance to spoken language due to the fact that it evades punctuation and capitalization. It has a tendency to to be looser and telegraphic, as well as less reflective.
