A Bank Gives Three Loans Totaling $330,000 to a Development

question 61

Multiple Choice

A bank gives three loans totaling $330,000 to a development company for the purchase of three business properties. The largest loan is $38,000 more than the sum of the other two. Find the amount of the largest loan.

• A) $192,000
• B) $195,000
• C) $184,000
• D) $180,000

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.