with a 2% interest rate‚ or in a five year certificate of deposit with and interest rate of 4.5%. Calculate how much interest you would earn with each option over five years time with continuous compounding. I’m going to do this for my checking and savings account amount Checking Account A = Ce^RT My total money in the checking account is 2100 dollars Since the formula for the continuous compounding is A=Ce^RT where C is the initial deposit or capital‚ T for time‚ R is the rate of interest and A
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the area of law This four step process refers to liabilities of an agent. The case involves an agent called Tim Jones who represents an anonymous seller of chocolate products. Tim arranges a contract with ABC Foods Pty Ltd for the supply of chocolates to the various shops of ABC. Tim fails to notify his principle of the contract hence the supply of chocolates is never produced. ABC is trying to sue Tim for non-performance under the terms of the contract. This process will advise Tim of his position
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Nations‚ like individuals‚ have interests--derived from their innate values and perceived purposes--which motivate their actions. National interests are a nation’s perceived needs and aspirations in relation to its international environment. Categorization of national interests : 1. Survival(Critical) These represent the single most important interests for any actor. This is the very essence of the actor’s existence – the protection of its citizens and their institution from attack by enemies
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“Give me liberty or give me death.” These words from Patrick Henry show how important liberty has been to the country. Liberty is important to have because we only have one life‚ we shouldn’t live our lives being restricted. People should be able to divorce if they live in an unhappy marriage‚ marry with whoever they want to marry and move whenever they want to. A person can change from one day to another‚ we are constantly changing. Whenever we marry someone‚ they might turn into a completely
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My business is a large florist‚ in a big city. I always have a lot of orders so I need more help within the shop; I also need some floor managers as I am away in my other shop 40% of the time. I need between 6-8 members of staff 6 full times and 2 part times as there will already be a number of staff there I only need a handful more. Job Roles; Floor assistants- I need 4 floor assistants to do the following general day to day task; * cleaning up‚ * seeing to the customers‚ * dealing
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First process is problem recognition in which someone in the company recognizes a problem or need that can be met by acquiring a good or service. It can result from internal (a machine break down and need new parts) and external stimuli (buyer receive a call from a salesperson who offers a better machine or a lower price). Next stage is general need description in which a buyer describes the general characteristics and quantity of a needed item. An example‚ for complex items‚ the buyer needs to work
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Evaluate the entire selection process for the position. Judge whether mistakes were made and discuss what could have been done differently. When I start evaluating the entire selection process‚ I have to start with the assessment process. The first thing that catches my attention is the fact that three of the four interviewers are men. As a woman interviewing for a job‚ I would be a little intimated being questioned by three men and one female. I would feel more comfortable being interviewed by
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Business Proposal ECO/561 August 18‚ 2014 Karen Yancey Business Proposal Existing industries bring new products into the market regularly. Sometimes there are already similar products from other industries in the market and sometimes industries bring in a completely new product. One such industry is Tresemme. Tresemme is a professional hair products company that sells everything from shampoo and conditioner to hair products that renew a hair’s health. If Tresemme decided to bring in a product
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The expression “Never‚ never give up” means to keep trying and never stop working for your goals. Do you agree or disagree with this statement? Use specific reasons and examples to support your answer. ALWAYS TRY While people are working‚ sometimes they are bored because probably their job is not their aim and suitable for them. However‚ if people have a goal‚ they want to succeed it‚ so they overcome all blocks. The expression “Never‚ never give up” is very true for people who
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Inflation is what really influences the changes of Official interest rates. The RBA generally likes to keep inflation between the 2-3% mark‚ however‚ this may change as a result of international pressures. Generally‚ if inflation is seen to be increasing at a rate that is disproportionate to the health of the economy - or basically growing faster than it can sustain - then official rates may be raised to in order to reduce consumer spending and slow down the economy. Alternatively‚ if inflation
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