Question

2. The conversation between Mr Schmidt and Mr Boone which Martha overheard
hinted at two reasons why the school was considering not awarding the scholarship
jacket to Martha.
a. What were the two reasons?
b. Do you think these reasons were valid and justified? Explain why you think so.
c. What is your opinion about Mr Boone, Mr Schmidt and the Principal of the school with regard to this situation?

pls answer this question
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Answer 1

Answer:

The conversation between Mr Schmidt and Mr Boone which Martha overheard

hinted at two reasons why the school was considering not awarding the scholarship

jacket to Martha.

a. What were the two reasons?

b. Do you think these reasons were valid and justified? Explain why you think so.

c. What is your opinion about Mr Boone, Mr Schmidt and the Principal of the school with regard

Explanation:

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Answer 2

Compound Interest: The future value (FV) of an investment of present value (PV) dollars earning interest at an annual rate of r compounded m times per year for a period of t years is:

FV = PV(1 + r/m)mt

or

FV = PV(1 + i)n

where i = r/m is the interest per compounding period and n = mt is the number of compounding periods.

One may solve for the present value PV to obtain:

PV = FV/(1 + r/m)mt