You Have $2500 That You Invest at 6% Simple Interest

question 50

Multiple Choice

You have $2500 that you invest at 6% simple interest. What is the balance after four years?

• A) $310
• B) $600
• C) $3100
• D) $6000

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Definitions:

Anxious

Feeling worried, nervous, or uneasy about an imminent event or something with an uncertain outcome.

Blended Model

A therapeutic approach that integrates elements from different counseling theories or models to tailor treatment to the individual's needs.

Counseling

A professional guidance process in which a counselor helps an individual, group, or family in solving personal or psychological problems.

Collaborator

A person or entity that works jointly with others or together especially in an intellectual endeavor.