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Provide an Appropriate Response

question 50

Essay

Provide an appropriate response.
-Explain why the approximate APR is not the APR that is disclosed to the borrower on an installment loan.


Definitions:

Sterile Gloves

Medical gloves that are free from all living microorganisms, used in procedures to prevent contamination.

Mitered Corner

A technique used in sewing and carpentry to neatly join two pieces at an angle, often 45 degrees, for a clean, finished look.

Alveolar Capillary Membrane

The thin barrier in the lungs where gas exchange occurs between the air in the alveoli and the blood in the capillaries.

Diffusion

Movement of molecules from an area of high concentration to one of lower concentration.

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