Write the Word or Phrase That Best Completes Each Statement

question 11

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-The following data represents the Olympic winning time in Women's 100 m Freestyle. $$\begin{array} { c | c c c c c c c } \text { year } & 1972 & 1976 & 1980 & 1984 & 1988 & 1992 & 1996 \\\hline \text { time } & 58.59 & 55.65 & 54.79 & 55.92 & 54.93 & 54.65 & 54.50\end{array}$$ Using the line of best fit (with slope correct to 5 decimal places) for the data set, predict the Olympic winning time in
2000.

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Definitions:

Interest Recognize

The accounting practice of recording interest earned or incurred in the period it is applicable, regardless of when it is paid.

Note Accepted

A written promise to pay a specified amount of money, known as a promissory note, which has been accepted or endorsed.

Accrued Interest

Interest that has been incurred but not yet paid, typically relating to bonds or loans, calculated from the last payment date up to the current date.

Note Payable

A liability in written form that promises to pay a specified amount of money at a future date.