Jane Borrowed $66,490 Over 1

question 28

Multiple Choice

Jane borrowed $66,490 over 1.8 years. The simple interest has a rate of 8% pear year. What is the maturity value of the loan?

• A) $76,064.56
• B) $71,529.24
• C) $81,383.76
• D) $75,532.64

---

Definitions:

Mainstream Ideologies

The dominant set of beliefs, values, and norms that are widely accepted and circulated within society.

Alternative Views

Perspectives or opinions that diverge from the mainstream or commonly accepted ones.

Taken-For-Granted Ideologies

Refers to widely accepted beliefs or assumptions that are seldom questioned or critically examined.

Hegemony

The dominance of one group over others, politically, socially, economically, or culturally, often maintained through consensual power dynamics and ideology.