Assuming That You Can Afford a Car Payment of $400

question 56

Multiple Choice

Assuming that you can afford a car payment of $400 for 36 months,which of the following is closest to the annual interest rate you would need on a loan to borrow $12,000 for a new car?

• A)10.99 percent
• B)11.26 percent
• C)12.25 percent
• D)12.99 percent

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Definitions:

Workplace Incivility

Rude or unsociable speech or behavior in the workplace that violates norms for mutual respect.

Fired

The termination of employment, typically due to an employee's performance or behavior.

Boss

A person who is in charge of a worker or organization, possessing authority or control over employees and workplace decisions.

Role Conflict

Occurs when there are incompatible demands placed upon a person relating to their job or position, causing stress or frustration.