A Loan Payment That Is Composed of Principal, Interest, Taxes

question 8

Short Answer

A loan payment that is composed of principal, interest, taxes, and insurance is referred to as         .

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Definitions:

Interference

Occurs when one wave overlaps another, causing a modification in the overall amplitude of the wave, or in cognitive psychology, the impairment of memory performance.

Decay

The gradual reduction in the strength or quantity of something, used metaphorically for the fading of memories over time.

Awake

The state of being conscious, alert, and aware of one's surroundings after sleep.

Proactive Interference

Proactive interference occurs when old information hinders the recall of newly learned information.