Solve the Problem

question 99

Multiple Choice

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-Andy Jones opened a security service company. To pay for startup costs, Andy Jones borrowed $49,000 from a bank at 5% for 1 year. Find the interest.

• A) $245.00
• B) $2940.00
• C) $51,450.00
• D) $2450.00

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Definitions:

Demeaning Criticism

Negative feedback that is disrespectful and aimed at belittling or lowering someone's dignity.

Social Isolation

The state of being separated from others, leading to lack of social interactions and relationships.

Emotional Exhaustion

A state of feeling overwhelmed and drained of physical or emotional energy due to prolonged stress.

Bullying

The act of repeatedly and intentionally causing harm or discomfort to another person, often through an imbalance of power.