Lynette Is One of 100 Nurses Who Serve the Population

question 13

Multiple Choice

Lynette is one of 100 nurses who serve the population of her community of 10 000.Which of the following nations does she most likely live in?

• A) India
• B) Japan
• C) Canada
• D) the United States

---

Definitions:

Interest Rate

The ratio of interest charged on a loan to the borrower, usually represented as a yearly percentage of the remaining loan amount.

Compound Interest

Calculating interest that includes both the original principal amount and all previously accumulated interest on a loan or deposit.

Simple Interest

The method of calculating interest charges based on the principal amount only, not compounding on accumulated interest.

Deposit

A sum of money placed into a bank account or given as security for a contractual obligation.