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:

Filmmaker

An individual who directs or produces movies for cinema or television.

Comma Rule

Guidelines dictating the use of commas in sentences for purposes such as separating items in a list, joining independent clauses, or marking off clauses, phrases, or words that are not essential to the sentence's meaning.

Series

A sequence of related events, objects, or numbers following a particular pattern or order.

San Marino

A small independent republic situated on the Italian Peninsula, known for its mountainous terrain and historical architecture.