Donna Makes Annual End of Year Payments of $5,403

question 14

Multiple Choice

Donna makes annual end of year payments of $5,403.71 on a four year loan with an interest rate of 13 percent.The original principal amount was: (Round to the nearest whole dollar)

• A) $16,073
• B) $22,139
• C) $15,092
• D) $17,175

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Definitions:

Documentation

The collection, organization, and maintenance of written records and files related to specific subjects or activities.

Plagiarism

The act of using someone else's work or ideas without proper attribution, representing them as one's own.

Grammatical Structure

The arrangement and relationship of words in sentences, governed by rules of syntax and morphology.

Original Source

The initial point of information or the earliest document or media from which information was obtained.