True.
Companies always check if the interviewee is really interested in their company.
If the interviewee will be able to give data about their company, they will think that he is really eager to find out about the company's product and services and also background.
This adds up to his or her chance to be admitted.
Steve will get $11360 with the process of simple interest.
<h3>what is simple interest?</h3>
Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 14%
principal + interest = $8000
Time = 3 years
Simple interest
Now principal + interest = 8000+3360 = 11360
Therefore, Steve will get $11360.
To learn more about simple interest from the given link
brainly.com/question/25793394
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Yes. this statement is true.
Why?
Because it is one of the Company's requirements to have a medical certificate before you can be deployed to their company.
If in case you will refuse to follow this order from them, they have all the authority to backout from hiring you to their comapany
Answer:
c. 10.38%
Explanation:
Loan Amount = $10,000
Quarterly Interest payment = $250
Interest Payment for the year = $250 x 4
Interest Payment for the year = $1,000
Nominal interest rate = ($1,000 / $10,000) x 100 = 10%
Nominal interest rate = r = 10%
Number of periods = m = 4
Effective Interest rate = [ ( 1 + r/m )^m]-1
Effective Interest rate = [ ( 1 + 0.1/4 )^4] -
Effective Interest rate = [ ( 1 + 0.025 )^4] -1
Effective Interest rate = 10.38%
