Use the Following Information to Answer the Question(s)below

question 28

Multiple Choice

Use the following information to answer the question(s) below.
Dagny Taggart has just purchased a home and taken out a $400,000 mortgage.The mortgage has a 30-year term with monthly payments and has an APR of 5.4%.
-The total amount of interest that Dagny will pay during the first three months of her mortgage is closest to:

• A)$1345.
• B)$5380.
• C)$5395.
• D)$6740.

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Definitions:

Negative Message

Communication that conveys a refusal, rejection, or other unpleasant information.

Sincere Apology

An expression of remorse that is honest and deeply felt, meant to make amends for a mistake or transgression.

Negative News Message

Communication designed to convey unfavorable information, decisions, or feedback in a manner that is sensitive to the recipient's feelings and possibly mitigates negative reactions.

Company Policy

Official guidelines and rules established by a business that dictate behavior and procedures within the organization.