Due to the nature of CDs, once the money is deposited, it remains there until maturity (unless you wish to pay a large penalty) and the interest rate remains the same.
Age is not a factor in maturity; rather, maturity is determined by the way you decide to behave and react to different life experiences. It is essentially a stage of mental maturity or wisdom that affects every aspect of a person's life, from behaviour to interpersonal relationships. An emotionally mature person has attained (and strives to attain) a level of self-understanding with regard to their thoughts and behaviours, and after doing so, they decide how to effectively approach and cope with situations that could otherwise be difficult or problematic. Brain Maturity Continues Long After Adolescence Most laws consider 18 to be the legal age of adulthood. However, new research on brain development indicates that the majority of people don't attain complete maturity until they are 25 years old. Accepting responsibility for your own words and deeds may be the most crucial aspect of maturing as a person. Always keep in mind that things don't just happen to you. Your words and deeds have an impact on both you and other people because you are an agent in your own life.
Learn more about maturity here
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Answer:
465 minutes or 8 hours and 15 minutes
Step-by-step explanation:
her monthly bill was 72.25 and she has to pay 2.50 per month
72.25 - 2.50 = 69.75
69.75/ 0.15 = 645 minutes
645 minutes/ 60 minutes= 7.75 = 8 hours 15 minutes
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
The basic source of underwriting information is your completed application for term insurance
Answer:
Total PV= $15,103.49
Explanation:
Giving the following information:
Cf1= 4,500
Cf2= 5,700
Cf3= 8,000
Discount rate= 9%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= FV/(1+i)^n
Cf1= 4,500/(1.09)= $4,128.44
Cf2= 5,700/1.09^2= $4,797.58
Cf3= 8,000/1.09^3= $6,177.47
Total PV= $15,103.49
