Câu hỏi:
14/03/2020 408Read the following passage on transport, and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions from 38 to 42.
(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.
(2) All problems in interest may be solved by using one general equation that may be stated as follows:
Interest = Principal X Rate X Time
(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.
Most applications for loans are for
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Câu hỏi trong đề:
20 Đề thi thử THPTQG môn Tiếng Anh cực hay có đáp án !!
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Trả lời:
Giải bởi Vietjack
Đáp án B
(3) Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year
Nhà sách VIETJACK:
CÂU HỎI HOT CÙNG CHỦ ĐỀ
Câu 1:
Mark the letter A, B, C, or D on your answer sheet to indicate sentence that is similar in meaning to the given one
"Leave my house now or I'll call the police!" shouted the lady to the man.
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Câu 2:
Mark the letter A, B, C, or D on your answer sheet to indicate the underlined part that needs correction in each of the following questions.
Upon reaching the destination, a number of personnel is expected to change their reservations and proceed to Hawaii.
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Câu 3:
Mark the letter A, B, C, or D on your answer sheet to indicate sentence that is similar in meaning to the given one
"You should have finished the report by now," John told his secretary.
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Câu 4:
It’s a good idea in theory, but it’s going to be hard to put it into …………
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Câu 5:
A number of young teachers nowadays……themselves to teaching disadvantaged children.
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Câu 6:
At first he didn’t agree, but in the end we managed to bring him …… to out point view.
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Câu 7:
Mark the letter A, B, C, or D to indicate the phrase that is CLOSEST in meaning to the underlined ones.
When you cross the street, be careful and be on the alert for the bus.
Xem đáp án »
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15,321
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