The Total Amount of Simple Interest Calculated Annually on a $4,000

question 29

Multiple Choice

The total amount of simple interest calculated annually on a $4,000 note payable in 5 years at 9% is:

• A) $2,154.60
• B) $1,800.00
• C) $1,411.20
• D) $554.04

Apply the knowledge of punctuation, parts of speech, and business letter components to effectively match definitions or purposes.

Understand the benefits of using email in terms of efficiency and environmental impact.

Recognize the capability of email to serve as a comprehensive reference for past communications.

Appreciate the convenience of asynchronous communication offered by email.

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Definitions:

Carnivore

An animal or organism that primarily consumes the flesh of other animals for nutrition.

Herbivore

An animal that primarily eats plants or plant-based materials.

Trophic Level

The position an organism occupies in a food chain, indicating its level of energy transfer.

Secondary Consumer

An organism that primarily eats primary consumers and is typically a carnivore or an omnivore in a food chain.