Use Estimation to Select the Best Response

question 197

Multiple Choice

Use estimation to select the best response. Do not calculate. A $49,000 30-year loan at 10% + 0.5 point + $150 origination fee would require what monthly income for the buyer?

• A) $1,500
• B) $4,000
• C) $16,500
• D) $5,000
• E) $450

Compare different modes of training and their suitability for various training needs.

Acknowledge the importance of implementing efficient e-learning strategies.

Grasp the advantages and disadvantages of classroom training.

Understand the principle and effectiveness of mentoring in the workplace.

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Definitions:

Retrieval Cues

Stimuli that help you retrieve a certain memory.

Long-Term Memory

A type of memory responsible for the storage of information over an extended period of time, ranging from several minutes to decades.

Accessibility

The ease with which information can be retrieved from memory.

Nondeclarative Memory

A type of long-term memory that doesn't require conscious thought to recall, often involving skills and tasks.