If You Banked $27,778 Today at an Interest Rate of 20

question 60

Multiple Choice

If you banked $27,778 today at an interest rate of 20%, in two years' time you would have:

• A)$40,000.
• B)$36,000.
• C)$33,334.
• D)$27,778.

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Definitions:

Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.

Sensory Evidence

Information obtained through the senses, which form the basis of empirical knowledge and understanding of the environment.

Innate Ideas

Concepts that are purportedly present in the mind from birth, rather than acquired through experience or learning.

Inscrutable

Something that is impossible to understand or interpret; incomprehensible.