What Is the Rate of Interest on a Note for $3,600

question 18

Multiple Choice

What is the rate of interest on a note for $3,600, due in 180 days, if the total interest to be paid is $400?

• A) 25%
• B) 33%
• C) 22%
• D) 11%

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A Russian physiologist known for his work in classical conditioning, demonstrating how stimuli can trigger reflex responses in dogs.

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