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How important is it to get a low interest rate?
It is not at all important if you are a lender!
How relatively high interest rates affect currency values?
What is important is not high interest rates but high real interest rates: that is, interest rates adjusted for inflation.If a currency has high real interest rates, foreign investors will want to buy into that currency. The increased demand will push up the price of that currency relative to other currencies and so its exchange rate will "improve".
When census is preferred over sampling?
When comprehensive information is required. It may also be the better option if the characteristic of interest is important but very rare. In such a case, a sample may give an underestimate.When comprehensive information is required. It may also be the better option if the characteristic of interest is important but very rare. In such a case, a sample may give an underestimate.When comprehensive information is required. It may also be the better option if the characteristic of interest is important but very rare. In such a case, a sample may give an underestimate.When comprehensive information is required. It may also be the better option if the characteristic of interest is important but very rare. In such a case, a sample may give an underestimate.
What two factors are most important in determining the power of compound interest?
The interest rates paid on the deposited money and the number of years you leave the money in the bank.
Would the statement 'Simple Interest is interest earned on interest' be True or False?
False. Interest upon interest is compounded interest
