Sandra Gloy Borrowed $5,000 on a 120-Day 5% Note

question 77

Multiple Choice

Sandra Gloy borrowed $5,000 on a 120-day 5% note. Sandra paid $500 toward the note on day 40. On day 90 she paid an additional $500. Using the U.S. Rule, her adjusted balance after the first payment is:

• A)$4,527.87
• B)$4,725.87
• C)$4,725.70
• D)$4,527.78
• E)None of these

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Definitions:

Compression Of Air

The process of reducing the volume and increasing the pressure of air by mechanical means.

Rarefaction

A decrease in density and pressure in a medium, such as air or fluid, often related to sound waves.

Displacement

In psychology, it's a defense mechanism where an individual shifts emotional reactions from the original source of distress to a safer target.

Sound Quality

An attribute of auditory perception that allows the differentiation of sounds that have the same pitch and loudness.