¶ … interest and compound interest? Why is knowing the difference important? What is the formula for determining the future value of an amount? Why is a dollar today worth more than a dollar received in the future?
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Interest in financial terms is when your initial investment yields benefits. You invest an amount and a percentage of that basic investment turns into financial surplus. You gain funds through your investment. There are two types of interest: simple interest and complex interest (Buckelew). Simple interest is when the amount gained does not change. There is a formula which goes I (interest) = P (principle) multiplied by r (rate of interest) and multiplied again by t (time). So the interest you get is based on the amount you put in, the rate of interest, and the time you leave your interest to grow. Compound interest is more complicated than this. In this form, interest is accrued not just on the principal but also on all the interest that has already been gathered. Essentially, at the end of the period of the compound, the interest is added to the principal and sort of reinvested. Due to this, the interest from a compound interest investment will be far greater than one of simple interest. Knowing this difference is very important because it can impact your financial situation. For example, in investing your money in a bank account, you will receive simple interest. However, in other business transactions, such as in a loan or a credit account, the interest will be of the compound variety....
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense
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Your answer should be at least five sentences long. The Legend of Arthur Lesson 1 Journal Entry # 9 of 16 Journal Exercise 1.7A: Honor and Loyalty 1. Consider how Arthur's actions and personality agree with or challenge your definition of honor. Write a few sentences comparing your definition (from Journal 1.6A) with Arthur's actions and personality. 2. Write a brief paragraph explaining the importance or unimportance of loyalty in being honorable. Lesson 1 Journal
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