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2 years ago

Example of globalization as internalization and liberalization

Business

1 answer:

mestny [16]2 years ago

5 0

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➪Example of Liberalization : - European Union has liberalized gas and electricity market.

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➪Example of globalization : - trading of commodities such as coffee or avocados.

❤Hope it's helpful↑(◍•ᴗ•◍)❤࿐

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________ forces the salesperson to be open-minded and to shoot for the top.

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This explanation considers a cumulative interest rate in the simplest way. And american amortization system. Consider that there is also French and German systems which works differently depending on the way the loan reimbursed

Cummulative Interest Rate:

Consider this:

If Thomas had to return it in one year he would have to return $115 ($100+15%) which is equal to 100*(1+0.15)

Now, at the begining of the second year, his debt is $115, and at the end its $115+15% = 132,25. Which is equal 100*(1+0.15)*(1+0.15), this is equivalent to 100*(1+0.15)^{2}

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C = is the loan amount [in this case: 100]

i = is the interest rate [in this case: 0.15]

n = is the number of periods until [in this case: 10]

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