What Would Be the Interest Rate on a Loan of $9,981.78

question 10

Multiple Choice

What would be the interest rate on a loan of $9,981.78 that you paid off with annual payments of $2,500 for each of the next five years?

• A)8.0%
• B)10%
• C)15%
• D)21%
• E)26%

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Definitions:

Subliminally Flashed

Pertains to stimuli presented below the threshold of conscious perception, often used in psychological experiments to explore the unconscious mind.

Memory Distortion

the alteration or incorrect recall of memories, often influenced by subsequent information, experiences, or the passage of time.

False Memories

This involves the recall of events that did not actually happen, often influenced by suggestion or the merging of actual memories with misinformation.

Hypnotic Suggestion

A technique used in hypnotherapy where a therapist suggests certain perceptions, feelings, thoughts, or behaviors to occur either during hypnosis or afterwards.