Interest on a $40,000 Note at 10% for 45 Days

question 83

True/False

Interest on a $40,000 note at 10% for 45 days is $493.(Use a 360 day year.Round your answer to the nearest dollar.)

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Definitions:

Behavioral Ecology

The scientific study of behavior in natural environments from the evolutionary perspective.

Ethology

The study of animal behavior under natural conditions from the point of view of adaptation.

Imprinting

A form of learning which occurs at a specific life stage and involves recognizing and following the characteristics of another individual, often the parent.

Innate Behavior

Behavior that is inherited and typical of the species; also called instinct.