Use Exact Interest

question 16

Short Answer

Use exact interest:
$\begin{array}{|l|l|l|l|l|l|l|}\hline & \text { Interest } & \text { Date } & \text { Date } & & \text { Simple } & \text { Amount } \\ \text { Principal }&\text { Rate } & \text { Borrowed } & \text { Repaid } & \text { Time } & \text { Interest } & \text { Paid Back } \\\hline \$ 24,000 & 12 \% & \text { May } 9 & \text { July } 9 & \text { A } & \text { B } & \text { C } \\\hline\end{array}$

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Definitions:

Culturally

Related to the ideas, customs, social behaviors, and artifacts of a particular society, group, or time period.

Linguistically Diverse

Characterized by a variety of languages spoken by a group or community's members.

School Stakeholders

Individuals or groups with an interest in the success and welfare of a school, including students, parents, teachers, and the community.

Poverty Rate

The proportion of a population living below the national poverty line, reflecting the percentage of people who cannot afford basic needs like food, shelter, and clothing.