After Some Questionable Activity During Your College's Annual Homecoming Party

question 33

Multiple Choice

After some questionable activity during your college's annual homecoming party, your friends need to bail you out of jail. A bail bondsman loans your friends $5000 with the condition that they will repay the loan along with 15¼ % annual simple interest. After six months you go to pay the loan, how much will you owe? Give your answer as a decimal rounded to the nearest hundredth.

• A) $5123.50
• B) $5381.25
• C) $8932.75
• D) $9575.00
• E) None of the above.

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Definitions:

Header File

A file containing C or C++ declarations and macro definitions to be shared between several source files or to make them available to a large code base.

#include

A preprocessor directive in C/C++ used to include the contents of a file or library in a program before compilation.

Fabs

fabs is a mathematical function in C that computes the absolute value of a floating-point number.

Common Logarithm

A logarithm with base 10, often used in scientific calculations.