The Annual Percentage Rate (APR) Is Equivalent to the Stated

question 21

Multiple Choice

The annual percentage rate (APR) is equivalent to the stated rate of interest when the _____ is used to calculate finance charges.

• A) dollar cost of credit method
• B) discount method
• C) average loan balance method
• D) double-declining-balance method
• E) simple interest method

---

Definitions:

Feminine-looking

Possessing physical features, expressions, or attire traditionally associated with women or considered characteristic of femininity.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex assigned at birth.

Sexual Victimization

An act where an individual is forced or coerced into participating in unwanted sexual activity.

Multiracial

Referring to a person or group composed of, or identifying with, more than one racial category.