With Interest of $1,832

question 32

Multiple Choice

With interest of $1,832.00 and a principal of $16,000 for 206 days, using the ordinary interest method, the rate is:

• A)20%
• B)12%
• C)2%
• D)10%
• E)None of these

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Definitions:

Pressure Question

A type of question designed to elicit information by putting the respondent under psychological pressure or stress.

Résumé

A document summarizing an individual’s educational background, work experience, skills, and other relevant information, used when applying for jobs.

Voluntarily

Taking action or making a decision based on one's free will without coercion or external pressure.

Résumé Length

Refers to the total number of pages or amount of content on someone's résumé, typically advised to be concise and relevant.