What Rate of Interest Did You Receive Over a Period

question 60

Multiple Choice

What rate of interest did you receive over a period of 90 days if your principal was $5000 and it has a maturity value of $6000?

• A) 81.11%
• B) 8.11%
• C) 0.811%
• D) 0.0811%
• E) 811.11%

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Definitions:

CSR Activities

Initiatives undertaken by a company to assess and take responsibility for its effects on environmental and social wellbeing, often going beyond legal requirements.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Sustainability Reporting Standards

Guidelines and frameworks for companies to report environmental, social, and governance (ESG) impacts and performance to stakeholders.