Use the Information for the Question(s)below

question 61

Multiple Choice

Use the information for the question(s) below.
Two years ago,you purchased a new SUV.You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.9% APR.You monthly payments are $617.16 and you have just made your 24th monthly payment on your SUV.
-The amount of your original loan is closest to:

• A)$14,808.
• B)$22,212.
• C)$32,000.
• D)$37,020.

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Definitions:

Manic Episode

A period of abnormally elevated mood, energy, and activity levels, characteristic of bipolar disorder.

Severe

Used to describe a condition, situation, or event that is intensely or extremely bad or serious.

Nicotine Dependence

A condition of addiction to the nicotine contained in tobacco products, leading to compulsive use.

Chewing Tobacco

A type of smokeless tobacco product consumed by placing a portion of the tobacco between the cheek and gum.