Identify the Polynomial as a Monomial, Binomial, or Trinomial

question 75

Multiple Choice

Identify the polynomial as a monomial, binomial, or trinomial. Give the degree of the polynomial.
-8

• A) Monomial, degree 0
• B) Monomial, degree 1
• C) Monomial, degree 8
• D) Binomial, degree 0

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace for loans and deposits, influenced by supply and demand, the central bank’s policy, and other factors.

Interest Expense

An accounting item representing the charge for the use of borrowed funds, affecting an organization's net income.

Note Payable

A written promise to pay a specified sum of money, often bearing interest, at a future date.

Interest Payment

The amount paid at intervals by a borrower to a lender as compensation for the use of borrowed money.