Solve the Problem

question 61

Multiple Choice

Solve the problem. Round to the nearest cent as needed.
-The monthly payments on a $79,000 loan at 14% annual interest are $982.76. How much of the first monthly payment will go toward interest?

• A) $921.67
• B) $845.17
• C) $137.59
• D) $1106.00

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Definitions:

Psychodynamic Theories

Theories developed by Freud’s followers but usually differing somewhat from Freud’s original theories.

Object Relations Perspective

A theory in psychoanalysis focusing on relationships with others, suggesting that the internalization of these relationships impacts individual psyche and behavior.

Psychodynamic Therapy

A therapeutic approach focusing on unconscious processes as they are manifested in a person's present behavior, aiming to uncover unresolved conflicts.

Psychoanalysis

Form of treatment for psychopathology involving alleviating unconscious conflicts driving psychological symptoms by helping people gain insight into their conflicts and finding ways of resolving these conflicts.