Find the Maturity Value of a Loan of $49,583 After

question 39

Multiple Choice

Find the maturity value of a loan of $49,583 after 18 months. The loan carries a simple interest rate of 8.3% per year.

• A) $55,413.13
• B) $55,807.96
• C) $55,756.08
• D) $56,099.03

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Definitions:

Neglectful

Referring to a condition or behavior characterized by a lack of attention, care, or maintenance.

Authoritative

describes a leadership or parenting style characterized by high responsiveness and high demands, aiming to guide children's behavior with empathy and rules.

Permissive

Describes a parenting style characterized by low demands with high responsiveness, often leading to less disciplined but more emotionally secure children.

Rejecting-neglecting

A parenting style characterized by a lack of responsiveness and demand, often resulting in negative outcomes for child development.