Calculate the Final Answer for the Following Expression: (5³

question 12

Multiple Choice

Calculate the final answer for the following expression: (5³ + 2²) ÷ 20

• A) 5.45
• B) 4.45
• C) 6.45
• D) 7.45
• E) 9.45

---

Definitions:

Loanable Funds

The money available for borrowing, influenced by savings and investments, within an economy.

Interest Rates

A financial charge, calculated as a portion of the principal, assessed by a lender against a borrower for the loan of money or assets.

Marginal Extraction Cost

The additional cost associated with extracting one more unit of a resource, considering factors like difficulty of extraction and resource depletion.

Discount Rate

The interest rate that an eligible depository institution is charged to borrow short-term funds directly from a central bank.