COMPOUND INTEREST ASSIGNMENT - 1 1. Mr. Dubey borrows Rs 1‚00‚000 from State Bank of India at 11% per annum compound interest. He repays Rs 41‚000 at the end of first year and Rs 47‚700 at the end of the second year. Find the amount outstanding at the beginning of the third year. 2. What sum of money will amount to Rs 9261 in 3 years at 5% per annum compound interest? 3. The simple interest on a sum of money for 2 years at 4% per annum is Rs 340. Find (i) the sum of money and (ii) the compound
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representative. When there is a reasonable doubt and it is used after the employer questions labor organization to represent the majority of its employees. I can strongly recommend that employers for a compulsory union and it would be for the best interest of the employer and have good faith and do a poll when they gather enough proof that can allow them to commence and start withdrawing of recognition for their decision done under the Allentown Mack and vs. NLRB. (NLRB‚ 1969) In conclusion‚ the
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Name : Young Gyu Nam Week 4 : Topic of Interest B2 High Productive Writing and Speaking Summary of News Article : “ Scientists count whales from space ” Scientist first proves that high-resolution picture from satellite and image-processing software are able to count the number of whales automatically. It is a new approach to detect population of creatures compared to previous methods from a ship or a plane. Its method also extends the possibility to count total population. It can be
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Subject: Recommendations Introduction Below are my recommendations to Mr. Philip Long‚ the CFO of DeviceCo‚ regarding tasks he has assigned me to do. The tasks entail answering the following questions in my analysis of whether LeaseMed is a Variable Interest Entity (VIE) and if DeviceCo should consolidate LeaseMed as a primary beneficiary: (1) Does DeviceCo qualify for the business scope exception‚ (2) Does LeaseMed have sufficient equity to finance its activities without additional subordinated financial
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“Interest Free Banking” is a fundamental concept derived from the Islamic form of banking. It operates with the primitive professional and ethical standards that exclude the “Muslims” from paying or receiving any kind of interest. This certainly does not mean that the revenue generating activities or money raving businesses are not encouraged. All of these business forms are greatly appreciated as far as they do not involve interest in any kind. There are a lot of financial tools introduced by the
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forget the cause and effect of our consumerist responsibility and the consequences that ensue when it is abuse. Even though young adults regard credit cards as a right it is more of a privilege. According to the article‚ "Materialism: Our Consuming Interest" by Linda Kulman‚ history shows that consumerism in the United States dates back to our founding father and is still a prominent issue in today’s society. The progress of America’s attraction to materialistic goods thus culminated in our society’s
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in the public square‚ LGBT discrimination‚ and birth control are just some of the many issues that have arisen. To accommodate religious individuals in the face of generally applicable laws‚ the Supreme Court devised the Compelling Interest Test. The Compelling Interest Test can best be defined as “the state may justify an inroad on religious liberty
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Primary groups are important not only from the individual point of view‚ but they are equally important from the viewpoint of society. The primary group is the birth-place of human nature. Primary groups help in the socialization of the individuals and maintain social control over them. The attitude of kindness‚ love‚ sympathy‚ mutual help and sacrifice which provide the cementing force to social structure is developed in the primary group. The primary group is a heaven for the individuals where
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Umayyad interest in Sindh Caliphate under Banu Umayyad rule According to Berzin‚ Umayyad interest in the region occurred because of attacks from Sindh Raja Dahir on ships of Muslims and their imprisonment of Muslim men and women.[1] They had earlier unsuccessfully sought to gain control of the route‚ via the Khyber Pass‚ from the Turki-Shahis of Gandhara.[1] But by taking Sindh‚ Gandhara’s southern neighbor‚ they were able to open a second front against Gandhara; a feat they had‚ on occasion
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Negative interest rates As a result of our current economic situation‚ the bank is contemplating lowering interest rates to a monumental level. They are suggesting we make them negative. This would mean it would cost money to save money; the intention behind this is to stimulate spending within the economy. If businesses are forced to spend more money‚ then aggregate demand shifts to the right as investment‚ one of the components of AD‚ has been increased. Although‚ the interest rate isn’t simply
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