On October 1, 2015, Android Inc

question 109

Multiple Choice

On October 1, 2015, Android Inc. made a loan to one of its customers. The customer signed a 4-month note for $100,000 at 15%. Calculate the total interest earned on the note.

• A)$5,000
• B)$3,750
• C)$1,250
• D)$15,000

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Definitions:

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are pervasive and interfere with functioning or development.

Extremely Active

Describes a state of being highly energetic and engaging in a lot of physical movement or mental activity.

Very Impulsive

Characterized by actions taken without forethought or consideration of the consequences, often resulting in spontaneous decisions based on immediate desires or feelings.

Panic Disorder

A mental health condition characterized by sudden and repeated episodes of intense fear or discomfort along with physical symptoms, such as heart palpitations and shortness of breath.