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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Constantly appearing under the spot lights‚ attending endless extravagant parties and feasts‚ famous film actors‚ singers‚ or sportsmen are absolutely celebrities of contemporary society who can earn a huge money that normal people cannot even imagine. Personally I cannot be convinced that this is justified. Nowadays‚ in most countries‚ it is not uncommon that these celebrities‚ or so called ’stars’‚ make an incredible money with very little effort. For instance‚ through an endorsement of certain
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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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Defrev 4. Contributed capital 5. Retained earnings Cash received 1. DTE is wrong 2. Capex 3. Defrev 4. Contributed capital 5. Retained earnings Cash received 1. DTE is wrong 2. Capex 3. Defrev 4. Contributed capital 5. Retained earnings Cash received 1. DTE is wrong 2. Capex 3. Defrev 4. Contributed capital 5. Retained earnings Cash received 1. DTE is wrong 2. Capex 3. Defrev 4. Contributed capital 5. Retained earnings Cash received 1. DTE is wrong 2. Capex
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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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Assessment 1: Explore the significance of special interest tourism as part of the tourism product of a destination of your choice. According to Read (1980)‚ in Hall and Weiler (1992)‚ the conceptualization of the term ‘Special Interest Tourism’ (SIT) emerged during the 1980s and can be seen as the predecessor of ‘Niche Tourism’. Early discussion of SIT set the context for the development of niche tourism markets‚ and was seen to be a prime force associated with the expansion of tourism and the
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When it comes to politics‚ interest groups are a main component of the political system. However‚ much of the time they are not thought about‚ nor known what it entails to be a part of interest groups. Unlike much of politics‚ not a lot is known about the behaviors of these political groups‚ such as what they stand behind‚ their motives‚ or their end goals. Research is needed to really understand interest groups because there are so many‚ and they are all very different in what they stand for. In
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