Solve the Problem

question 37

Multiple Choice

Solve the problem. Round dollar amounts to the nearest cent. Use 360 days.
-Polson Associates bought a new computer system. To pay for the system, they borrowed $41,950 from the bank at t interest for 130 days. Find the simple interest.

• A) $3670.63
• B) $1315.31
• C) $1325.50
• D) $1307.35

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Definitions:

Coding System

A method used to categorize, encode, and facilitate the analysis of data, often used in research and information technology.

Facial Muscles

A group of skeletal muscles under the facial skin that control facial expressions.

Facial Feedback

The theory that facial expressions can influence emotional experiences.

Primary Emotional Processing

The initial, automatic emotional response to a stimulus before it is moderated by higher cognitive processes.