A Consumer Loan That Charges 1

question 215

Multiple Choice

A consumer loan that charges 1.50% interest per month has an annual percentage rate of:

• A)18.5%.
• B)15.0%.
• C)19.56%.
• D)None of the above

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Definitions:

Genetic Pollution

The uncontrolled spread of genetic information, often as a result of human activities, leading to unwanted alterations in populations or species.

Ecological Dangers

Risks and threats to the environment and ecosystems, including pollution, climate change, and loss of biodiversity.

Biodiversity

Refers to the enormous variety of plant and animal species inhabiting the Earth.

Recombinant DNA

Recombinant DNA involves removing a segment of DNA from a gene or splicing together segments of DNA from different living things, thus effectively creating a new life form.