Find Principal to the Nearest Dollar, Rate to the Nearest

question 83

Multiple Choice

Find principal to the nearest dollar, rate to the nearest tenth of a percent, or time to the nearest day. Use banker's interest.
-Central Animal Hospital borrowed $8,300 for 75 days and paid $164.27 in interest. Find the rate of interest on the loan.

• A)10.0%
• B)9.0%
• C)9.7%
• D)9.5%

---

Definitions:

Clinical

Relating to the observation and treatment of actual patients rather than theoretical or laboratory studies.

Case History

A detailed record of an individual’s background, personal history, and medical or psychological condition, used for analysis or treatment planning.

Cognitive Structures

Mental frameworks that shape how individuals perceive and understand the world around them.

Organize Information

The process of arranging data or facts in a systematic way for easier understanding and retrieval.