You Are Borrowing $5,000 at a 9% Interest Rate

question 27

Multiple Choice

You are borrowing $5,000 at a 9% interest rate. The total finance cost will be the highest in a:

• A) 24-month repayment plan.
• B) 36-month repayment plan.
• C) 12-month repayment plan.
• D) 48-month repayment plan.
• E) 3-month repayment plan.

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Definitions:

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and comfortable life, often represented as physiological needs such as food, water, shelter, and safety.

Immediacy

The quality of being immediate or present; in therapy, it refers to addressing issues as they occur within the therapeutic session.

Verbalizations

The act of expressing thoughts, feelings, or ideas through spoken words, important in therapy for communicating and understanding client perspectives.

Presenting Emotion

The initial emotional state or feeling expressed by a client at the outset of a therapy session, which may not fully encapsulate their underlying issues.