Simple Interest on a $25,000, 8%, 18-Month Note Is

question 124

Multiple Choice

Simple interest on a $25,000, 8%, 18-month note is

• A) $22,000.
• B) $23,000.
• C) $3,000.
• D) $2,000.

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Definitions:

Uterus

A hollow, pear-shaped organ located in a woman's lower abdomen, between the bladder and the rectum, where fetal development occurs.

Second Trimester

The middle period of pregnancy, usually defined as weeks 13 through 26.

Acute Cervicitis

Inflammation of the cervix that can cause discomfort, bleeding, or discharge, and is frequently due to infection.

Preterm Baby

A preterm baby is one born before 37 weeks of gestation, often facing increased risk for health complications such as breathing problems, developmental delays, and infections due to underdeveloped organs.