Which of the Following Would Not Produce the Correct Monthly

question 6

Multiple Choice

Which of the following would not produce the correct monthly payment on a loan of $13,000 which will be paid off in 5 years with an annual interest rate of 6%?

• A)=PMT(6%,60,-13000)
• B)=PMT(.5%,60,-13000)
• C)=PMT(.5%,5*12,-13000)
• D)=PMT(6%/12,60,-13000)

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Definitions:

Disposition

A person's inherent qualities of mind and character.

Perceptual Defence

The subconscious avoidance or modification of perceiving threatening or emotionally disturbing information to protect the self.

Contrast Effects

Previously interviewed job applicants affect an interviewer’s perception of a current applicant, leading to an exaggeration of differences between applicants.

Fundamental Attribution Error

This refers to the tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of external factors.