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If You Borrowed $8,700 at 6% for One Year, What

question 119

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If you borrowed $8,700 at 6% for one year, what would your total interest be if you are charged simple interest?


Definitions:

Edwards Syndrome

A genetic disorder caused by the presence of all or part of an extra 18th chromosome, characterized by developmental delays, intellectual disability, and various physical abnormalities.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by developmental delays and distinctive physical features.

Nondisjunction

An error in cell division that results in daughter cells with an incorrect number of chromosomes, leading to genetic disorders such as Down syndrome.

Chromosome 21

One of the 23 pairs of chromosomes in humans, with Down syndrome resulting from an extra copy of this chromosome.

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