What Is the Monthly Payment on an $80,000, 9% Interest-Only

question 1

Multiple Choice

What is the monthly payment on an $80,000, 9% interest-only mortgage?

• A) $600.00.
• B) $811.41.
• C) $1005.78.
• D) $7200.00.

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Definitions:

Induction

One method parents use to enforce control of children’s behavior. Involves use of explanation, giving reasons for rules and appealing to children’s desires to be grown-up. The most effective way to promote the internalization of rules.

Spanking

A form of physical punishment involving hitting the buttocks with the hand or an object as a disciplinary measure.

Discipline

The tendency of parents to limit or demand behavior by exerting or requiring control.

Withdrawal Of Love

A disciplinary method where a caregiver withholds affection or attention as a form of punishment.