If the Amount Payable in Two Years Is $2,420 for a Simple

question 26

Multiple Choice

If the amount payable in two years is $2,420 for a simple loan at 10 percent interest,the loan amount is

• A)$1,000.
• B)$1,210.
• C)$2,000.
• D)$2,200.

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Definitions:

Locomotion

The ability of an organism to move from one place to another using various bodily mechanisms.

Variety of Food

Refers to the diversity in dietary options available for consumption, encompassing different food types, flavors, and nutritional values.

Bilateral Animals

Organisms with a body plan that is symmetrically divided along a vertical plane, creating mirrored halves on either side.

Common Ancestor

An ancestor that two or more descendants have in common, where it is the most recent individual from which all organisms in a group directly descend.