If You Borrowed $8,700 at 6% for One Year,what Would

question 39

Multiple Choice

If you borrowed $8,700 at 6% for one year,what would your total interest be if you are charged simple interest?

• A) $600
• B) $9,222
• C) $522
• D) $600.0

---

Definitions:

Promotion Rates

The frequency or likelihood of individuals advancing to higher positions or levels within an organizational hierarchy.

Academic Self-Concept

An individual's perception of their own academic abilities and competencies.

Relative Deprivation

The experience of feeling deprived of something to which one believes they are entitled, compared to others.

Academically Advanced

Referring to students or individuals who exhibit higher learning abilities or achievements than typically expected for their age or grade level.