Use Ordinary Interest

question 13

Short Answer

Use ordinary interest:
$$\begin{array} { | l | l | l | l | l | l | l | } \hline & & \text { Date } & \text { Date } & & \text { Simple } & \text { Amount } \\\text { Principal } & \text { Interest Rate } & \text { Borrowed } & \text { Repaid } & \text { Time } & \text { Interest } & \text { Paid Back } \\\hline \$ 9,000 & 11 \% & \text { Apr } 20 & \text { Aug } 8 & \text { A } & \text { B } & \text { C } \\\hline\end{array}$$

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Definitions:

Physical Terms

Specific words or phrases used to describe laws, principles, or phenomena in the physical sciences, such as physics or chemistry.

Social Comparisons

The process of assessing oneself against the standards, abilities, or conditions of others, which can influence self-esteem and aspirations.

Self-understanding

An individual's perception and assessment of their characteristics, emotions, and behaviors.

Identity Diffusion

Marcia’s term for the status of individuals who have not yet experienced a crisis (that is, they have not yet explored meaningful alternatives) or made any commitments.