If a Student Borrows $20,000 to Start a Business as a 5

question 48

Multiple Choice

If a student borrows $20,000 to start a business as a 5 year, 10% loan, the annual payment is:

• A) $2,000.00
• B) $3,275.95
• C) $4,000.00
• D) $5,275.95

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Definitions:

Biofeedback

A technique that teaches individuals to control physiological processes, such as heart rate or muscle tension, by providing real-time feedback.

Autonomic Nervous System

Part of the peripheral nervous system responsible for regulating involuntary body functions, such as heartbeat and digestion.

External Locus of Control

Refers to a belief that outcomes in one's life are determined by external factors beyond one's control, such as luck or the actions of others.

Oxytocin Levels

Concentrations of the hormone oxytocin, which is involved in social bonding, sexual reproduction, and childbirth.