Find the Simple Interest

question 137

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
-p = $810, r = 4%, t = 4 months

• A) $129.60
• B) $10.80
• C) $1080.00
• D) $8.10

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Definitions:

Promiscuity

Engaging in sexual activities with multiple partners without engaging in a committed relationship.

Male Gender

The sex that produces small, mobile gametes, typically associated with men and boys in humans.

Stigma

A mark of disgrace associated with a particular circumstance, quality, or person, often resulting in discrimination or social rejection.

Discrediting

The process of undermining the credibility or reputation of a person or concept.