The Amount of Interest Owed on a Loan of $2,000

question 39

Multiple Choice

The amount of interest owed on a loan of $2,000 after a year at an interest rate of 10 percent is:

• A) $2,100.
• B) $2,200.
• C) $200.
• D) $100.

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Definitions:

Helper

A person or thing that provides assistance or support.

Audience Inhibition

The phenomenon where people are inhibited from expressing their thoughts or feelings in front of others due to fear of disapproval or embarrassment.

Offering Help

The act of providing assistance or support to someone in need voluntarily.

Interpreting an Event

The process of understanding or assigning meaning to an occurrence or situation based on one's own perspective and context.