Solve for Y. -Levi Borrowed $5007 at 6% Simple Interest for 5 Months

question 472

Multiple Choice

Solve for y.
-Levi borrowed $5007 at 6% simple interest for 5 months. How much will the interest amount to? What is the total amount that Levi will have to pay back at the end of 5 months? Round answers to
The nearest cent if necessary.

• A) $126.23; $5133.23
• B) $125.18; $5132.18
• C) $150.21; $5157.21
• D) $100.14; $5107.14

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Definitions:

Paranoia

A mental condition characterized by delusions of persecution, unwarranted jealousy, or exaggerated self-importance, typically elaborated into an organized system.

Mental Illness

Conditions that affect a person's thinking, feeling, behavior, or mood, significantly impacting their ability to relate to others and function each day.

Trait Aggressiveness

A stable personality characteristic that predisposes individuals to engage in aggressive behaviors across a variety of situations.

Aggressiveness

The quality of being likely to attack or confront; characterized by or resulting from aggression.