Assume You Have a Credit Card with the Balance of $1000,and

question 50

Multiple Choice

Assume you have a credit card with the balance of $1000,and an interest rate of 17% (a common interest rate on credit cards) .Assuming you make no new purchases,but you pay the minimum payment,it would cost you $2590 and it would take you _____ to pay off the debt.

• A) 7 months
• B) 17 months
• C) 7 years
• D) 17 years

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Definitions:

Body Temperature

The measure of the body's warmth or heat, typically maintained within a narrow range that supports vital physiological functions.

REM Periods

Cycles of sleep characterized by rapid eye movement, during which dreaming and heightened brain activity occur.

Bodily Movement

Actions or motions of the body as a whole or of individual parts, resulting from the interaction of skeletal muscle and the nervous system.

REM Sleep

A sleep stage characterized by rapid eye movements, vivid dreams, and increased brain activity, playing a key role in memory and learning.