If the Value of the Principal Today Is $2000 and the Interest

question 6

Multiple Choice

If the value of the principal today is $2000 and the interest rate is 12.33%,what is the total simple interest income at the end of three years?

• A)$2,739.80
• B)$739.80
• C)$2,657.30
• D)$787.21
• E)None of the above.

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Definitions:

Summary

A brief statement or account that presents the main points of a longer piece of work or argument.

Detail

An individual feature, fact, or item, often referred to in the context of attention to such specifics.

Bidirectional Large Objects

A term that likely refers to data types or objects in programming and databases that can handle large amounts of data and support operations in two directions, but it doesn't match a standard technical term directly. NO.

BLOB

Binary Large Object, a collection of binary data stored as a single entity in a database management system, often used for storing images, multimedia files, or executable code.