Cindy Borrowed $750 from Clare on April 17 at an Interest

question 257

Multiple Choice

Cindy borrowed $750 from Clare on April 17 at an interest rate of 15%. On June 30 of the same year, Clare repaid the loan with interest. How much interest should she have paid?

• A) $22.81
• B) $21.63
• C) $28.13
• D) $112.50
• E) $90.87

---

Definitions:

Childhood Abuse

Experiences of physical, emotional, sexual abuse, or neglect in childhood, impacting an individual's development and psychological health.

Life History

The sequence of physical and social events and experiences that make up an individual's existence.

Source Amnesia

A memory disorder in which someone can remember certain information but is unable to recall where, when, or how they acquired it.

Explains

Provides a detailed account or reason for a concept, situation, or problem.