Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,
Answer:
It is this question that I ask in War and Self-Defense and the answer I arrive ... has a right to use military force in national defense in the same way that an ... Indeed, so fundamental is the idea of an analogy between self-defense and ... our moral theory of international relations in ways that will better enable ...
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Answer:
I just took the mid term, your answer would be education
Explanation:
She is assessing sources (or evaluating them). To check validity and reliability.
She'll need to check the author, who wrote it and from whom, if the source is primary or secondary, if the material is not outdated, and is valid. Written sources, non-textual as photographs, and other pieces of evidence.
Railways were able to transport meat without spoilage. ... Trains from different rail lines could use each other's tracks. Rail companies began to create their own styles of rails and tracks.
