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The industry may be declining or becoming bankrupt. The industry may be exploiting consumers rights and government wants to safe guard its citizens interest.
18.90 as an interest. and principle wil remain same.
18.90currency as an interest..
Principle: is the beginning amount of money that is deposited or owed. For instance, you deposit $100 or you take on a loan that is worth $100. The $100 is your principle amount. Interest: Is the cost of borrowing. The higher principle, the higher interest payment you will have to pay because the interest due is a percent of the Principle.
I=prt Switch the principle with the interest. Then work the equation out.
Compound interest
Option 3: not at all. If we're lucky, we'll get back half of the principle, but we will not get any interest, and will not even get back the full 700 billion.
Most if not all the generous land grants provided by the US government to the railroad industry were loans not gifts. By 1898, the US government was repaid $63 million in principal and $104 million in interest.
true
the government may nationalize an industry 1-the industry may be sinking or becoming bankrupt 2-the industry may be exploiting consumers rights an need to be repremanded =================== A third reason may be that a nations vital self interest requires the nationalization of various industries.
Current (principle balance) x (interest rate per year) x (amount of time). Examples: ~for calculating monthly interest, it would be (principle balance) x (interest rate) / 12. ~for daily interest, it would be (principle balance) x (interest rate) / 365.
The answer is called amortization. In a typical loan payment, interest is calculated based on the outstanding principle balance. When the periodic payment remains constant the amount of that payment allocated to interest declines as the principle balance is reduced.