If You Borrow $100 at 10 Percent Interest,how Much Will

question 2

Multiple Choice

If you borrow $100 at 10 percent interest,how much will you repay in one lump-sum at the end of one year using simple interest?

• A)$100.
• B)$105.
• C)$110.
• D)$115.
• E)$120

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Definitions:

Business Scandals

Events or actions within a business organization that lead to public outrage, legal action, or both, often due to unethical behavior or illegal activities.

Enron

A former American energy, commodities, and services company based in Houston, Texas, known for one of the largest business scandals involving bankruptcy due to fraud.

Cyber Terrorism

The use of the internet to conduct violent acts that threaten or cause significant harm to life, data, or security, with the intent of furthering political or ideological objectives.

New York Stock Exchange

A leading global securities exchange where stocks, bonds, and other financial instruments are bought and sold.