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If a Person Borrows $2,000 at 5% Interest and Never

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True/False

If a person borrows $2,000 at 5% interest and never makes any payments, the loan balance will be $2,205.00 after two years.


Definitions:

Universal

Pertaining to or applicable to all members of a class, group, or category.

Species-specific Trait

A characteristic or behavior that is unique to a particular species, distinguishing it from other species.

Steven Pinker

A cognitive psychologist and linguist known for his work in language and human nature, advocating for the importance of science and reason.

Natural Selection

A process in nature by which organisms that are better adapted to their environment tend to survive and reproduce more successfully.

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