Simple Interest Means That

question 49

Multiple Choice

Simple interest means that:

• A)the interest is paid only once.
• B)the interest is calculated with respect to the original amount lent.
• C)the interest is paid at the beginning of the loan.
• D)the interest is calculated with respect to the original amount lent plus the interest already paid.

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Definitions:

Set-Point Theory

A theory suggesting that the body regulates its weight and energy store around a biologically predetermined point.

Fat Cells

Cells specialized in storing energy as fat, known scientifically as adipocytes, playing key roles in metabolism, energy storage, and hormone production.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, presenting a hierarchy of human needs, from basic physiological needs to more complex psychological needs and self-actualization, influencing human motivation.

Physiological

Relates to the normal functioning of living organisms and their parts, including all physical and chemical processes.