Respondent
Approximately 7 years. The general rule is to divide 70 by the interest rate to get an approximation of how long it will take to double. If the interest is compounded annual you will have $194.88 after 7 years, and $214.37 after 8 years. Though if interest is compounded more regularly (ie. monthly or daily) this will grow at a slightly faster rate.
Compound interest
Simple interest is interest paid on the original principle only, Compound interest is the interest earned not only on the original principal, but also on all interests earned previously.
If the interest is reinvested and so itself gains interest (in the next interest period) it is compound interest.
this means that the organizations objectives should prevail over the interests of a single employee or a group of them.
Unity of command, hierarchy of authority, division of labor, and subordination of individual interests to the general interest were principles outlined by Fayol.
Subordination of individual interest to general interest refers to prioritizing the common good or welfare of the broader community over personal desires or needs. This concept typically applies to situations where decisions or actions should benefit society as a whole, even if it may require individuals to make sacrifices or compromises. It is a fundamental principle in governance and ethics that aims to promote harmony and equity within a society.
subordination
The interests of any one employee should not take precedence over the interests of the organisation as a whole.that means organisation must take care of the interest of the single employee first so that every employee should take care of the whole organisation's interest as his own interest.
the division of labour authority discipline the unity of command the unity of direction the subordination of individual interest to company interest proper remuneration centralization the scalar chain order equity the stability of tenure initiative esprit De corps
Subordination affects the interest rate on a bond because it is unsecured and has lesser priority than that of an additional debt claim on the same asset. It has higher interest rate required to compensate for the higher risk. If interest rate has been increased the price of the bond will fall. If the price of the bond falls, the yield that can be earned will increase.
yes, he said to put it in there hands first
subordination
Fayol's basic principles of management include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration, centralization, scalar chain, order, equity, stability of tenure of personnel, initiative, and esprit de corps. Fayol identified these principles to guide managers in effectively managing an organization.
Founding Fathers believed political parties were the primary source of conflict in a society. They viewed them as factions dangerous to the public interest. Their ideology called for the subordination of marginal interests in favor of the general welfare of the people.
It is because fascism is a form of right-wing totalitarianism that emphasizes the subordination of an individual to advance the interests of the state.