Solve the Problem $9.5 \%$ B) $9.0 \%$ C) $10.0 \%$ D) $8.5 \%$

question 7

Multiple Choice

Solve the problem. Use the Annual Percentage Rate Table if necessary.
-Find the APR to the nearest half percent, for the following data.

• A) \(9.5 \%\)
• B) \(9.0 \%\)
• C) \(10.0 \%\)
• D) \(8.5 \%\)

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Definitions:

Incentive

A positive or negative environmental stimulus that motivates behavior.

Dairy Queen

A chain of soft serve ice cream and fast-food restaurants.

Incentive

A thing that motivates or encourages someone to do something, often seen in psychology as a way to influence behavior.

Homeostasis

The process by which biological systems maintain stability and equilibrium while adjusting to changes necessary for survival.