Calculate the Amount of Interest You'll Have at the End

question 68

Multiple Choice

Calculate the amount of interest you'll have at the end of the indicated period.
-You invest $33,200 in an account that pays simple interest of 3% for 1 year(s) .

• A)$99,600.00
• B)$99.60
• C)$11,066.67
• D)$996.00

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Definitions:

Constructive Feedback

The process of providing specific, supportive, and actionable advice with the aim of helping someone improve or develop.

Foundation of Trust

The foundation of trust refers to the basic level of confidence and belief in the reliability, truth, or ability of someone or something, essential for building healthy relationships or teams.

Generalized Tendencies

Broad patterns or propensities in behavior or thought that apply across a wide range of situations or individuals.

Conflict of Interest

Arises when a person or entity has competing interests or loyalties that could potentially interfere with the ability to make impartial decisions.