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3 years ago

Role of central government in regional development

Business

1 answer:

spin [16.1K]3 years ago

7 0

Answer:

The central government is, essentially, the public body in charge of managing the nation's resources and controlling compliance with the laws. In other words, it applies its power within the entire national territory, but in turn delegating certain powers to state and local governments, which have a much stronger contact with the population of cities and states. Thus, within the regional development process in each nation, local and state governments are the main executors of development policies, but with the supervision and guidance of central governments.

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Your son is born today and you want to make him a millionaire by the time he is 50 years old. You deposit $50,000 in an investme

mel-nik [20]

Answer:

$1000000= 50000 (1+ \frac{i}{1})^{1*50}$

$20 = (1+i)^{50}$

$20^{1/50} = 1+i$

$i = 20^{1/50} -1 = 0.0617$

And if we convert this into % we got $i = APR = 6.17 \%$

See explanation below.

Explanation:

We assume that we have compounding interest.

For this case we can use the future value formula given by:

$FV= PV (1+\frac{i}{n})^{nt}$

Where:

FV represent the future value desired = 1000000

PV= represent the present value = 50000

i = the interest rate that we desire to find in fraction

n = number of times that the interest rate is compounding in 1 year, since the rate is annual then n=1

t = represent the number of years= 50 years

So then we have everything in order to replace and we got:

$1000000= 50000 (1+ \frac{i}{1})^{1*50}$

Now we can solve for the interest rate i like this:

$20 = (1+i)^{50}$

$20^{1/50} = 1+i$

$i = 20^{1/50} -1 = 0.0617$

And if we convert this into % we got $i = APR = 6.17 \%$

7 0

3 years ago

When four infineon technologies executives participated in an international conspiracy to fix prices for computer memory chips,

marshall27 [118]

When four infineon technologies executives participated in an international conspiracy to fix prices for computer memory chips, they were acting with other firms as a cartel.

Given an incomplete sentence related to infineon technologies.

We are required to fill the sentence by an appropriate term.

We can fill the sentence with "a cartel".

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Hence when four infineon technologies executives participated in an international conspiracy to fix prices for computer memory chips, they were acting with other firms as a cartel.

Learn more about cartel at brainly.com/question/12015868

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2 years ago

Role of central government in regional development​

Role of central government in regional development