A person S was charged with burglary and theft of a motor vehicle. During the selection of the jury, the prospective jurors were asked by the state prosecutors about their familiarity with the person S. None of them showed interest by saying yes. The jurors were chosen without objection. After the trial, the prosecutor learned that Juror 4 was familiar with the person S on social media and hence filed a motion to dismiss her from the jury. To discuss: Whether the court’s filing of a motion to dismiss the juror is appropriate or abuse of its discretion.

Question

Explain in detail the principle of Compounding of interest and why is it so important in Finance.

Answer 1

Question

Chapter 9, Problem 7BCP

Summary Introduction

Case summary: A person S was charged with burglary and theft of a motor vehicle. During the selection of the jury, the prospective jurors were asked by the state prosecutors about their familiarity with the person S. None of them showed interest by saying yes. The jurors were chosen without objection. After the trial, the prosecutor learned that Juror 4 was familiar with the person S on social media and hence filed a motion to dismiss her from the jury.

To discuss:Whether the court’s filing of a motion to dismiss the juror is appropriate or abuse of its discretion.

Summary Introduction

Case summary: A person S was charged with burglary and theft of a motor vehicle. During the selection of the jury, the prospective jurors were asked by the state prosecutors about their familiarity with the person S. None of them showed interest by saying yes. The jurors were chosen without objection. After the trial, the prosecutor learned that Juror 4 was familiar with the person S on social media and hence filed a motion to dismiss her from the jury.

To discuss: The admittance of the evidence by the court that the social media friends do not always know each other.

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Explain in detail the principle of Compounding of interest and why is it so important in Finance.

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