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Charra [1.4K]
3 years ago
15

Why is human development index necessary ​

Social Studies
1 answer:
Serggg [28]3 years ago
6 0

Answer:

The Human Development Index, also knows as HDI, is a tool that was created by the United Nations to calculate and rank other countries tiers of social and economic aftereffect.

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The interest of Lin is calculated for the loan to be taken, $181 for 4.5% interest rate. $179.4 Interest expense total if 3.9% interest is paid for 8 years.

<h3 /><h3>What is Interest?</h3>

Interest is the amount paid in return for loan, the interest is calculated with a percentage that is agreed when loan is provided.

Loan is charged with the interest rate.

The interest expense was calculated as $575 * 4.5% * 7 years = $181

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Mrs. Brookes will have approximately $1400 at the end of year 2.

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Ben will earn $ 11,249 for Account I

Ben will earn $ 10,927 for Account II

Account I

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$10400 * 1.04 = 10816

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Account II

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Learn more about Interest at brainly.com/question/27405159

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