The Simple Interest Earned by a Certain Amount of Money

question 123

Multiple Choice

The simple interest earned by a certain amount of money varies jointly as the rate of interest and the time (in years) that the money is invested. If the money is invested at 15% for 5 years, $600 is earned. How much is earned if the money is invested at 20% for 7 years?

• A) I = $1134
• B) I = $1117
• C) I = $1126
• D) I = $1113
• E) I = $1120

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Definitions:

Corpus Callosum

A large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.

Right Half

denotes the right side portion of something, often used in context of visual fields, brain hemispheres, or objects, highlighting its spatial relation in comparison to a central dividing line.

Emotional Content

The emotional significance or impact of a message, experience, or stimulus, which can influence memory, perception, and decision-making.

Facial Expressions

Movements of the facial muscles that convey emotions, feelings, or intentions to others.