Virginia Has Just Been Quoted What Appears to Be a Very

question 56

Multiple Choice

Virginia has just been quoted what appears to be a very competitive loan for $2,000 to be paid back in 24 monthly payments of $96.66 with a finance charge of $240.Using the n-ratio method of estimating the APR,what is the APR on this loan?
$\mathrm{APR}=\frac{\mathrm{Y}(95 \mathrm{P}+9) \mathrm{F}}{12 \mathrm{P}(\mathrm{P}+1) (4 \mathrm{D}+\mathrm{F}) }$

• A)8.0 percent
• B)11.1 percent
• C)19.2 percent
• D)24.0 percent

Understand different personality types and their approaches to ethics.

Identify the ethical climates observed within organizations.

Understand the concept of character and its relation to leadership.

Recognize the role of courage and integrity in ethics.

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Definitions:

Democratic

Relating to or supporting democracy or its principles, where power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.

Discussion

The act of talking about something with another person or a group in order to exchange ideas or decide something.

Groupthink

A phenomenon that occurs within a group of people, where the desire for harmony in a decision-making group overrides a realistic appraisal of alternatives.

Realistic Appraisal

The process of objectively evaluating situations, possibilities, and potential outcomes based on factual and rational analysis.