Find the Maturity Value of a Loan of $13,942 After

question 56

Multiple Choice

Find the maturity value of a loan of $13,942 after 8 months. The loan carries a simple interest rate of 11.9% per year.

• A) $15,048.07
• B) $14,909.81
• C) $15,186.32
• D) $15,057.36

Understand the exit-voice-loyalty-neglect model and how employees respond to job dissatisfaction.

Understanding the concept of becoming an ethical and effective helper in a multicultural society as a continuous process.

Recognizing the importance of multicultural competence and its infusion in the curriculum of training programs.

Identifying psychosocial issues and barriers faced by people with disabilities.

---

Definitions:

Autonomous Consumption

the level of consumption that occurs when income is zero, representing the expenditures necessary to meet basic needs.

Disposable Income

Available cash for households to utilize in saving and spending after income taxes have been processed.

Savings

Money that is set aside from income for future use, often stored in a bank or invested to generate returns.

Disposable Income

Households' spendable and savable funds following income tax deductions.