If $59,200 Grows to $60,000 in 41 Days What Simple

question 234

Multiple Choice

If $59,200 grows to $60,000 in 41 days what simple annual interest rate was earned?

• A) 12.03%
• B) 11.87%
• C) 13.51%
• D) 17.48%
• E) 10.16%

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Definitions:

Complementary

Pertaining to two or more components, elements, or sequences that match or enhance each other's properties or functions.

Codon

In an mRNA, a nucleotide base triplet that codes for an amino acid or stop signal during translation.

Nucleotide Bases

Organic molecules that serve as the building blocks of nucleic acids like DNA and RNA, consisting of adenine, thymine, cytosine, guanine, and uracil in RNA.

Methionine

Methionine is an essential amino acid used in the biosynthesis of proteins, important for the body's metabolism and cannot be synthesized by the human body.