At What Simple Annual Interest Rate Would $835 Grow to $900

question 65

Multiple Choice

At what simple annual interest rate would $835 grow to $900 in 5 months?

• A) 16.7%
• B) 4.5%
• C) 7.8%
• D) 18.7%
• E) 17.3%

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Definitions:

Air-fluidized Bed

A therapeutic bed filled with tiny ceramic beads, which acts like a fluid when air is blown through it, reducing pressure on the skin and aiding in the healing of certain types of wounds.

Slight Disorientation

A minor disturbance in orientation, affecting a person's sense of direction, time, or identity.

Pressure Ulcers

Injuries to skin and underlying tissue resulting from prolonged pressure on the skin, often affecting people with limited mobility.

Air-surface Beds

Specialized medical beds that use air pressure to support and reduce pressure points for patients, preventing bed sores.