Making Extra Payments on a Loan Does All of the Following

question 56

Multiple Choice

Making extra payments on a loan does all of the following, except

• A) reduces the total amount of interest paid.
• B) gives you extra income for living expenses.
• C) reduces the maturity of the loan.
• D) helps assure your good credit rating.

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Definitions:

Fashions

Refers to the prevailing styles and trends in clothing, accessories, or behavior within a society at a particular time.

Emergent-Norm Approach

A theory suggesting group behavior is guided by the development of new norms that emerge in response to a specific situation or context.

Sports Violence

Aggressive behavior that occurs in sporting contexts and may include actions that are outside the accepted rules of the sport.

Crowd-Control Officers

Crowd-control officers are law enforcement or security personnel trained to manage and disperse large groups of people, often in situations of unrest.