If You Invest $1600 for a Year at 6

question 14

Multiple Choice

If you invest $1600 for a year at 6.8% per annum simple interest,how much interest will you earn?

• A) $10.80
• B) $108.00
• C) $1088.00
• D) $1708.80

---

Definitions:

Equifinality

The principle that a given end state can be reached by many potential means or from different starting points in a system.

Same End

Same End refers to achieving the same goal or outcome, regardless of different methods or paths taken.

Helping Professions

Fields focused on assisting individuals, families, or communities to improve their well-being, such as counseling, social work, and psychology.

Advocacy

The act of speaking, writing, or acting in support of a cause, policy, or group of people.