You Lend Your Sister's Daughter $2,000 for a Year, If

question 2

Multiple Choice

You lend your sister's daughter $2,000 for a year, if at the end of the year she pays you $2,180. The interest rate you are charging her is

• A) 1.1%.
• B) 9%.
• C) 10%.
• D) 20%.

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Definitions:

Video Games

Electronic games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device.

Positive Reinforcement

Positive reinforcement is a behavioral strategy that involves presenting a rewarding stimulus following a desired behavior to increase the likelihood of its recurrence.

Earning Money

The act of obtaining monetary compensation in exchange for goods provided, services rendered, or through employment.

Chores

Routine tasks or duties, often related to maintaining cleanliness or order in a living or work space.