A) $37,296

question 68

Multiple Choice

$$\begin{array}{l}\text { Find the missing value. }\\\begin{array} { c | c | c | c } \text { Principal } & \text { Rate } & \text { Time } & \text { Simple Interest } \\\hline \$ 14,800 & 14 \% & 18 \text { months } &\end{array}\end{array}$$

• A) $37,296.00
• B) $31,080.00
• C) $372,960.00
• D) $3108.00

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Definitions:

Herbert Simon

An American economist, political scientist, and cognitive psychologist known for his research in the decision-making process within economic and organizational environments.

Rational Process

A systematic approach to problem-solving based on logical reasoning, critical analysis, and factual evidence.

Logical

Relating to or involving the process of reasoning and the use of the mind to analyze facts and make decisions based on evidence and sound principles.

Value Chain

A series of activities that a company performs to deliver a valuable product or service to its customers.