Use the Simple Interest Formula

question 190

Multiple Choice

Use the simple interest formula.
-Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simple interest, and the remainder in a mutual fund that paid 11% annual simple interest. If his total interest for that year was $700,
How much did Kevin invest in the mutual fund?

• A) $2000
• B) $3000
• C) $8000
• D) $1000

Recognize the impact of rehearsal types on memory retention.

Understand the capacity and permanency aspects of long-term memory.

Learn about memory organization, including semantic networks and nodes.

Identify and explain the role of retrieval cues in remembering information.

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Definitions:

Personal Time

An individual's discretionary time that is not occupied by obligations to work or other responsibilities, allowing for leisure or personal activities.

Interorganizational Conflict

A clash of interests, values, actions, or directions between two or more organizations.

Substantive Interpersonal Conflict

A disagreement among individuals that focuses on differing views, ideas, or goals rather than personal issues or emotions.

Advertising Campaigns

A series of coordinated marketing messages aimed at promoting a product, service, or idea, across various media outlets.