« previous next »

Author Question: If an individual borrows 100 at an annual rate of interest of 5, how much interest will he have to ... (Read 63 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
If an individual borrows 100 at an annual rate of interest of 5, how much interest will he have to pay at the end of a year?
 
  A) 20 B) 10 C) 50 D) 5

Question 2

According to Romer and other new growth theorists, what could poor countries do to stimulate greater economic growth?
 
  What will be an ideal response?


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

According to new growth theory, poor countries can stimulate greater economic growth by investing more in human capital as well as physical capital, by moving toward freer trade, and by encouraging innovation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Annual net primary productivity on Earth. Annual net primary productivity on Earth.
Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library