Wilma Borrows $10,000 from "Jaw Breaker Joe" and Promises to Repay

question 16

Multiple Choice

Wilma borrows $10,000 from "Jaw Breaker Joe" and promises to repay Joe a total of $10,500 in one month.What is the effective annual interest rate charged by Joe?

• A)5.00%
• B)60.00%
• C)79.59%
• D)179.59%

Know how to properly close routine replies or positive messages, including specifying any follow-up actions.

Grasp the importance of asking for permissions in professional contexts, such as using someone as a job reference or requesting recommendation letters.

Understand the effectiveness of direct and indirect communication approaches in business messages.

Recognize when to employ positive messaging techniques.

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Definitions:

Obligations

Duties or commitments that an individual or organization is bound to fulfil, often legally or morally.

Identifiable Groups

Collections of individuals who are recognizable by specific characteristics, attributes, or affiliations.

Harassment Policy

Guidelines and procedures set by organizations to prevent, address, and resolve incidents of harassment within the workplace.

Disciplinary Measures

Actions taken to correct or penalize undesirable behaviors within an organizational or educational setting.