If Inez Is Charged an Interest of $42

question 23

Essay

If Inez is charged an interest of $42.95 on a loan of $950.00 for seven months, calculate the rate of interest charged on the loan.

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Definitions:

Cyberbullying

The use of online media to transmit intimidating or threatening messages to a person or to spread intimidating information among the target’s peers.

Conduct Disorder

A serious behavioral and emotional disorder marked by aggressive, deceitful, or destructive behavior.

Bullies

Individuals who use power, strength, or influence to harm or intimidate those who are weaker, often through repeated aggressive or manipulative behaviors.

Autonomous Interdependence

The concept where individuals are self-governing yet maintain a sense of mutual reliance and connection within their relationships or groups.