What is the rule of 72? Well… here’s the equation: Years to double = 72 / Interest rate DO NOT reread this equation. The rule of 72 is a hard rule to explain. I will do my best to try to explain it. The answer to ‘rule of 72’ gives us a number of years. This number of years tells us how long it takes to double our money. Let’s say you have 100 dollar. The ‘rule of 72’ helps us figure out how long it will take to have 200 dollars. Scenario 1: You have invested your 100 dollars in a 3%
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Outcome 1: Understand the Expected Pattern of Development for Children and Young People From Birth to 19 Years Explain the Difference Between Sequence of Development and Rate of Development and Why The Difference is Important. All children develop at different rates‚ information and sources are only guidelines. These help to monitor what children can and can’t do at certain stages in their lives. It also helps to plan effectively to ensure the child gets the attention they need‚ in the areas
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The Causes of the Rising Divorce Rate There were once the moments that take their breath away‚ leaving their hearts pounding and throat thickening; there were once the ones whose name they secretly write down on their diaries and whose footsteps they can carefully distinguish from others’. They said that it was love and they got married. However‚ as time elapses‚ all the moments are turned into the agonized memory‚ sealed deep in their hearts‚ and covered with stain and dusk; all their beloved
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1.1 Explain the sequence and rate of each aspect of development from birth to 19 years All infants‚ children and young people follow a basic pattern in development. The rate they develop will vary from child to child. This is because all children are individuals‚ however knowing what to expect and roughly what age to expect it (milestones) can help us recognize development issues (early recognition is essential). Development is broken down into five section although they are separate‚ they all interconnect
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There are currently 17% of Caroline County households registered as having no one in the household employed (US Department of Commerce‚ 2015b). Caroline County’s unemployment rate is 7%‚ higher than the state average of 5%. The county’s median household income falls well below the state average‚ $58‚417 and $64‚792 respectively. Over 73% of the employed residents earn $79‚999 or less with the highest percentage of earned wages occurring within the $20‚000-$49‚000 range (US Department of Commerce
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A. Comparison of Volatility by Rate of Evaporation Volatility describes how easily a substance will vaporize (turn into a gas or vapor). A volatile substance can be defined as (1) a substance that evaporates readily at normal temperatures and/or (2) one that has a measurable vapor pressure. The vapor pressure of a substance is the pressure at which its gaseous (vapor) phase is in equilibrium with its liquid or solid phase. It is a measure of the tendency of molecules and atoms to escape from a liquid
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ECONOMICS PROJECT REPORT ON INTEREST RATES AND INDUSTRIAL GROWTH (2009-10 to 2011-12) Submitted By: Mohana Goel (12DM077) Mohit Bhola (12DM078) Nidhi Dalal (12DM090) Nishant Raj (12DM097) Nishtha Chugh (12DM098) Piyush Chib (12DM102) CONTENTS 1. INDIAN ECONOMY:Overview 2. INTEREST RATES 3.1. MEANING 3.2. REAL vs NOMINAL INTERST RATES 3.3. TYPES OF INTEREST RATES 3.4. EFFECT OF INTEREST RATE RISE 3. MONETARY POLICY 4.5. MEANING 4
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CHAPTER 14 INTEREST RATE AND CURRENCY SWAPS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Describe the difference between a swap broker and a swap dealer. Answer: A swap broker arranges a swap between two counterparties for a fee without taking a risk position in the swap. A swap dealer is a market maker of swaps and assumes a risk position in matching opposite sides of a swap and in assuring that each counterparty fulfills its contractual obligation
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Why are floating rates considered to be superior to fixed rates in dealing with major shocks such as oil price increases? Explain why floating exchange rates did not produce a reduction in the US balance of payments deficit during the early 1980s? Describe the system that was developed to replace floating exchange rates. First we need to explain what fixed and floating exchange rates are. Fixed exchange rate regime is a regime in which central banks buy and sell their own currencies to keep
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Major Determinants of Interest Rates Inflation Inflation is a factor that decisively affects the nature or outcome of interest rates. “Inflation is an increase in prices of goods and services over time”(Financial Institutions‚ Instruments and Markets‚ 2012). Inflation is the natural byproduct of a robust‚ growing economy. No inflation‚ or deflation (the lowering of prices)‚ is actually a much worse economic indicator. Also‚ in a healthy economy‚ wages rise at the same rate as prices. A standard explanation
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