Two Banks Each Have Stated CD Rates of 12

question 30

Essay

Two banks each have stated CD rates of 12%.Bank A compounds quarterly and Bank B compounds semiannually.Explain which bank offers the better CD.

Discuss the impact of HIV/AIDS globally, with a focus on Africa, including causes and social implications.

Understand the implications of non-communicable diseases (e.g., malnutrition, chronic diseases) in less developed countries.

Evaluate the influence of armed conflict and disasters on public health.

Understand the straight-line method of depreciation.

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Definitions:

Asset Revaluation Surplus

The increase in value of an asset, reflected on a company's financial statements, after it has been revalued to its current market value.

General Reserve

Funds set aside by a company from its profits for general unspecified future risks or obligations.

Amortisation of Goodwill

The gradual write-off of the purchased goodwill of a company over time, reflected as a non-cash expense in the income statement.

Associate's Profit

The portion of profits attributable to a company's investment in an associate, typically accounted for using the equity method.