Sean Hasn't Always Been on the Wrong Side of the Law;

question 12

Multiple Choice

Sean hasn't always been on the wrong side of the law; he grew up in a two-parent household and at a young age was involved with his church and the community garden that his dad loved. When his dad was arrested and sent to prison for growing copious amounts of marijuana, everything changed. When his father was sentenced, Sean's mom left him with his grandma and disappeared from the scene. Sean has had many chances to reform his behavior in the juvenile system, and his grandmother has tried to get him counseling and a mentor. Despite his young age of 16, Sean was sentenced as an adult in a shooting rampage that killed one and wounded four, and he was sent to prison. Sean has recently gotten in a fight with another inmate, and he will be transferred to another prison with a different custody level. What will be the likely choice for Sean who is now considered a more violent offender than before?

• A) Federal prison camp
• B) Medium-security prison
• C) Private prison
• D) Maximum-security prison

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Definitions:

Effective Rate

The actual interest rate that an individual earns or pays on an investment, loan, or other financial product, after compounding and other factors are taken into account.

Car Loan

A financial loan specifically used to purchase a car, typically secured by the car itself as collateral.

Periodic Rate

The interest rate applied to a financial loan or savings account that is compounded at regular intervals over a period of time.

Effective Rate

The actual interest rate an individual pays on a loan or earns on an investment, after compounding and other charges are factored in.