The Total Interest Obligation Will Be

question 84

Multiple Choice

The total interest obligation will be

• A) $105,000 under alternative I and $9,000 under alternative II.
• B) $9,000 under alternative I and $105,000 under alternative II.
• C) zero under alternative I and $96,000 under alternative II.
• D) $105,000 under both alternative I and alternative II.

---

Definitions:

Democrats

Members or supporters of the Democratic Party in the United States, one of the two major contemporary political parties, traditionally aligned with liberal policies and principles such as civil rights, social welfare, and labor rights.

Elections

The process through which individuals are selected for public office by voters, often through a democratic process involving casting ballots.

15th Amendment

An amendment to the U.S. Constitution, ratified in 1870, that granted African American men the right to vote by stating that the right of citizens to vote shall not be denied based on race, color, or previous condition of servitude.