Solve. -Alice Invested Some Money at 19% Simple Interest. at the the End

question 104

Multiple Choice

Solve.
-Alice invested some money at 19% simple interest. At the end of the year the total amount of her original principal and the interest was $11,305. How much did she originally invest?

• A)$214,795
• B)$1805
• C)$9500
• D)$595

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Definitions:

Optimal Levels

The most favorable or desired measure of performance or results, ensuring the highest degree of efficiency, effectiveness, or well-being.

Mutual Goals

Objectives agreed upon by all parties involved, aiming for a common outcome or benefit.

Outcomes

The results or consequences of a particular process, action, or situation.

Chronic Nature

Characteristics of an illness or condition that persists over a long period of time, often with slow progression.