If Rita Receives $34

question 49

Multiple Choice

If Rita receives $34.06 interest for a deposit earning 4% simple interest for 260 days, what is the amount of her deposit to the nearest dollar? Use a 360-day year. ​

• A) $1,061
• B) $1,179
• C) $1,238
• D) $1,120
• E) $1,297

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Definitions:

Intellectually Disabled

Individuals who have significantly below-average intellectual functioning and limitations in adaptive behavior, manifesting before the age of 18.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits that can alter mood and behavior.

Impulse

A sudden, involuntary urge to act or respond without premeditation, often based on immediate emotions or desires.

Temporary Insanity

A legal defense theory that a person was insane during the commission of a crime but regained sanity after the act.