Many Department Stores Charge 2

question 168

Multiple Choice

Many department stores charge 2.4% per month on overdue accounts. What is the effective annual rate in this situation?

• A) 26.8%
• B) 32.9%
• C) 25.6%
• D) 31.8%
• E) 28.8%

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Definitions:

Astrocytes

Type of glial cell in the brain and spinal cord that performs multiple supportive functions for neurons, including maintaining the blood-brain barrier and regulating neurotransmitter levels.

Microglia

Specialized type of glial cell that acts as the main form of active immune defense in the central nervous system.

Ependymal Cells

Glial cells that line the ventricles in the brain and the central canal of the spinal cord, involved in the production and regulation of cerebrospinal fluid.

Oligodendrocytes

Glial cells in the central nervous system that produce myelin, a substance that insulates nerve fibers to increase the speed at which impulses are conducted.