Find the Simple Interest

question 199

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
-p = $1375, r = 8%, t = 10 days

• A) $2.75
• B) $1100.00
• C) $305.56
• D) $3.06

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Definitions:

Attachment Figure

An individual who provides a child with emotional and physical security, often a parent or primary caregiver.

Social Smile

A smile that occurs in response to a human voice or face.

Human Voice

The sound produced by humans using the vocal folds for talking, singing, laughing, crying, screaming, etc.

Human Face

The front part of a person's head, including the forehead, eyes, nose, mouth, and jaw, used for expression and identification.