When Borrowing Money, the Most Important Objective of the Borrower

question 17

Multiple Choice

When borrowing money, the most important objective of the borrower should be to:

• A)minimize monthly payments.
• B)minimize the APR.
• C)avoid borrowing on a discount basis.
• D)make the maturity date as far in the future as possible.

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Definitions:

Convulsion

A sudden, uncontrolled electrical disturbance in the brain, which can cause seizures and body shakes.

Seizure Activity

Refers to any sudden, uncontrolled electrical disturbance in the brain, which can lead to changes in behavior, movements, feelings, and consciousness.

Restrain

To hold back or limit the movement or the action of something or someone.

Tongue Blade

A thin wooden or metal tool used in medical practice to depress the tongue to allow examination of the mouth and throat.