If the Discount Method Is Used to Calculate a Finance

question 120

True/False

If the discount method is used to calculate a finance charge of $250.60 on a $2,400 loan,the amount to be disbursed to the borrower is $2,400.

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Definitions:

Directed Eye Movements

A therapeutic technique, commonly used in EMDR therapy, which employs eye movements to aid in the processing of traumatic memories.

EMDR

Eye Movement Desensitization and Reprocessing, a psychotherapy treatment designed to alleviate the distress associated with traumatic memories.

Meta-Analyses

A statistical technique that combines the results of multiple scientific studies to arrive at a comprehensive conclusion about a particular therapeutic intervention or phenomenon.

EMDR

Eye Movement Desensitization and Reprocessing is a psychotherapy treatment designed to alleviate the distress associated with traumatic memories, involving guided eye movements.