A $400 Savings Account That Earns $15 Interest in a Year

question 59

Multiple Choice

A $400 savings account that earns $15 interest in a year has a yield of ____________ percent.

• A)6
• B)15
• C)4.75
• D)3.75
• E)6.5

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Definitions:

Interacting Groups

Collections of individuals who communicate and work together, influencing each other’s behavior and outcomes through their interactions.

Decentralised Communication Network

involves a system where communication flows in a less hierarchical manner, empowering individuals at all levels to engage and exchange information freely.

Restricted Communication Network

A communication network where information flow is limited by certain rules, protocols, or structures, often for security or efficiency reasons.

Team Cohesion

The degree to which team members are united, working collaboratively towards common goals, and demonstrating strong interpersonal bonds.