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The legend is inscribed with "KRUGERRAND" and the gold weight. The Krugerrand ( / ˈkruːɡərænd /; [ 1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [ 2][ 3] The name is a compound of Paul Kruger, the former ...
A bit is an antiquated term equal to one eighth of a dollar or 12 + 1 ⁄ 2 cents, after the Spanish 8-Real "piece of eight" coin on which the U.S. dollar was initially based. So "two bits" is twenty-five cents; similarly, "four bits" is fifty cents. More rare are "six bits" (75 cents) and "eight bits" meaning a dollar.
The 1978 series began with denominations of 2, 5, 10, and 20 rand, with a 50 rand introduced in 1984. This series had only one language variant for each denomination of note. Afrikaans was the first language on the 2, 10, and 50 rand, while English was the first on the 5 and 20 rand. A coin replaced the 1 rand note.
Rates for a 15-year mortgage stand at an average 5.97% for purchase and 5.98% for refinance, down 2 basis points from 5.99% for purchase and 2 basis points from 6.00% for refinance this time last ...
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [ 1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...
Gross world product. The gross world product ( GWP ), also known as gross world income ( GWI ), [1] is the combined gross national income (previously, the "gross national product") of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic ...
An increase of $0.15 on a price of $2.50 is an increase by a fraction of 0.15 / 2.50 = 0.06. Expressed as a percentage, this is a 6% increase. While many percentage values are between 0 and 100, there is no mathematical restriction and percentages may take on other values. [4]
The RAND Corporation is an American nonprofit global policy think tank, [ 1] research institute, and public sector consulting firm. RAND Corporation engages in research and development (R&D) in a number of fields and industries. Since the 1950s, RAND research has helped inform United States policy decisions on a wide variety of issues ...