There was a need to set up these courts to deal with the matter which were not very important that they had to be dealt in the supreme court.
<u>Explanation:</u>
The act which was passed in the year of 1789 regarding the judiciary of the United States made a rule that certain judicial courts had to be established by the government of the United States.
According to the needs of the congress to deal with the matter which were not so important that they had to reported to the supreme court and only the matter which were very important would go to the supreme court.
EMI = $658.69
<u>Explanation:</u>
Amount of money, Principal P = $131,040
Time, n = 15 year , n = 180 months
Rate of interest, R = 6% per annum = 0.5% per month
Amount per month, EMI = ?
We know,
EMI = [ P X R X (1 + R)ⁿ] / [(1 + R)ⁿ⁻¹]
EMI = [131040 X 0.005 X (1+0.005)¹⁸⁰ ] / [(1+0.005)¹⁸⁰⁻¹
EMI = [655.2 X 2.454] / 2.441
EMI = $658.69
Therefore, EMI = $658.69
Before the end of WWII in 1945 most of European countries were in constant wars with their neighbors. This was detrimental for the entire region because the fighting hampered efforts to develop a sustained economic growth. Due to these circumstances, the European Union was born to finally put an end to the endless wars among countries.
Around the 1950s, countries which were producing coal and steel in Europe, decided that in order to continue with the success of the two industries, it was necessary to unite European countries. Thanks to their efforts, the European Union was born.
The founder member countries were Italy, Belgium, France, Germany, Luxembourg and the Netherlands. They have been very successful in creating of the largest economic trading blocks around the world. It is their hope that the success continue for many decades to come.
