Simple Interest Is

question 133

Multiple Choice

Simple interest is:

• A) interest paid at the origin of the loan.
• B) interest accumulated and added to the face amount of the loan.
• C) interest charged only on the outstanding balance of a loan.
• D) waiving of interest on a complex loan.

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Definitions:

Striations

Parallel lines or grooves on a surface, muscle fibers, or minerals indicative of specific textures or patterns.

Superior Vena Cava

A large vein carrying deoxygenated blood from the head, neck, upper limb, and chest back to the heart.

Inferior Vena Cava

The large vein that carries deoxygenated blood from the lower and middle parts of the body into the right atrium of the heart.

Right Ventricle

The chamber of the heart responsible for pumping deoxygenated blood to the lungs via the pulmonary artery.