Assumptions on the Migrants Homesickness Essay Example | Topics and Well Written Essays - 500 words - 1

Assumptions on the Migrants Homesickness - Essay Example The essay "Assumptions on the Migrant’s Homesickness" discusses the migrant’s homesickness since the migrants are largely assumed to be "oriented towards their original community" and they remain faithful to their own motherland, even when the drawing economic benefits from their host community.Denied to harbor any patriotic rights, they are seldom seen as settlers or first-class citizens. The limitation of such essentialist view is that it seeks to reduce the plural nature of the migrant’s community and flatten out the heterogeneity into a single horizontal gaze. This assumption does not consider the alienation felt by the migrants with respect to their original homelands since the sheer change in experience has unalterably changed them and located them in nowhere in particular. The migrants have a more complex response to their new homelands. Migration largely takes place within the labor class in search of a better cultural, economic and political condition. T he host is hence unable to imagine the migrant as a part of the community and is threatened by their cultural differences. The migrants are generalized as a collective anonymous cultural force who are â€Å"rootless, unattached, and temporary residents†. This view over-simplifies the homeless condition of the migrant communities and their homesickness for their original homeland. The â€Å"imagined† rights of the migrants are left unattended. They stick to their own cultural boundaries to erase the mental agony of the diaspora.

Simple and Compound Interest Essay Example | Topics and Well Written Essays - 1000 words

Simple and Compound Interest - Essay Example Simple interest is interest expressed as a percentage of principal or the original amount borrowed or lent, for the entire period of borrowing. The interest will be the income received with regard to the lending or the price paid for the utilization of borrowed amount.   Simple interest happens to be the fastest as well as easiest approach of computing the interest on amount borrowed or lend. A car loan is a very popular example of simple interest, with which interest is charged only on the principal or original amount borrowed or lent. Below is the formula utilized in calculating interest owed in simple interest: Compound interest is interest expressed as a percentage of the revised principle.   In other words, compound interest may be referred to as interest added to the principal amount of a loan or deposit in order for the interest added to also earn interest onwards. In this approach, interest earned within the prior periods is added to the initial amount/principal: this inc reases the amount, on which the next period’s interest will be charged. The summing up of the principal amount and the interest is referred to as compounding. In this case, interest has to be paid on principal amount as well as interest accumulated during the deposit or loan term. It happens to be normal for banks to pay interest on semi -annually basis. Financial institutions, on the other hand, have a guiding principle of paying interest on quarterly basis. It is important to understand to how to calculate compound interest.