Solve the Problem

question 90

Multiple Choice

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-John Lee's savings account has a balance of $4466. After 15 months, what will the amount of interest be at 2.8% per year?

• A) $140.05
• B) $125.05
• C) $156.31
• D) $297.73

---

Definitions:

Moral Development

The process by which individuals develop the ability to distinguish right from wrong, make ethical decisions, and act in accordance with societal norms and personal principles.

Conventional Level

A stage of moral development in which a person's behavior is guided by conforming to the social norms of what is considered right or wrong.

Gender Similarities Hypothesis

Hyde’s proposition that people of different genders are much more similar than they are different.

Hyde

A character within literature and popular culture often associated with dual personalities or hidden aspects of the self.