Find the Simple Interest

question 64

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
-p = $61,600, r = 7%, t = 3 months

• A) $107,800.00
• B) $1078.00
• C) $1437.33
• D) $12,936.00

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Definitions:

Structured Interviews

A formalized method of interviewing where all applicants are asked the same predetermined questions in the same order to ensure consistency.

Unstructured Interviews

A method of interviewing where questions are not pre-determined, allowing for more natural and open-ended conversations.

Team Building

A sequence of activities to analyze a team and make changes to improve its performance.

Self-Managing Teams

Teams that are autonomous and have the authority to make decisions related to their projects or work assignments.