Solve the Problem. -The Best Company Ordered $8327 Worth of Jewelry on Credit

question 55

Multiple Choice

Solve the problem.
-The Best Company ordered $8327 worth of jewelry on credit on September 8, the note due in 90 days at 11% interest. On November 10 they made a partial payment of $2000. Find the amount due on the maturity date, and the total interest charged on the note.

• A)$6540.81, $213.81
• B)$6767.23, $430.23
• C)$660.14, $293.14
• D)$6718.51, $391.51

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Definitions:

Gender Categorization

The classification of individuals, typically as male or female, based on a combination of biological, social, and cultural cues.

Scapegoat Theory

A concept suggesting that individuals or groups blame their own failures or shortcomings on another person or group.

Other-race Effect

The tendency to more easily recognize faces of the race that one is most familiar with, which can lead to difficulties in cross-racial identification.

Gender Preference

An individual's inclination or favoritism towards a specific gender, which can influence interpersonal attraction, friendships, and other social dynamics.