Given That the Third Unit Took 100 Minutes and the Rate

question 43

Multiple Choice

Given that the third unit took 100 minutes and the rate of learning is 80 percent, how much time will it take to build unit 96?

• A) fewer than or equal to 30 minutes
• B) greater than 30 minutes but fewer than or equal to 35 minutes
• C) greater than 35 minutes but fewer than or equal to 40 minutes
• D) greater than 40 minutes

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Definitions:

Investment Builder

A financial tool or account that aids individuals in growing their savings through various types of investments.

Term Deposit

A fixed-term investment held at a financial institution that pays interest until a specified maturity date.

Simple Interest Rates

The rate at which interest is calculated solely on the initial amount of capital, without compounding.

Principal Investment

The original amount of money invested or loaned, on which basis interest and returns are calculated.