Babbling First Appears at About

question 1

Multiple Choice

Babbling first appears at about

• A) one month of age.
• B) six months of age.
• C) one year of age.
• D) 18 months of age.

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Definitions:

Creditor

Someone who has a claim to assets.

Promissory Note Payable

A financial instrument that signifies a written promise by one party to pay a specific sum of money to another party under agreed terms.

360-Day Year

A simplified method of calculating interest for commercial loans or bonds that assumes each month has 30 days, resulting in a 360-day year.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage over a period of time.