When Using the PMT Function to Calculate Monthly Loan Payments,the

question 8

Multiple Choice

When using the PMT function to calculate monthly loan payments,the interest rate and the number of payments should be based on the interest rate per month and the total ____ to pay off the loan.

• A) weeks
• B) months
• C) years
• D) any of the above

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Definitions:

Psychoanalysis

A therapeutic approach and theory of psychopathology, founded by Freud, focusing on unconscious processes and resolving internal conflicts.

Cognitive-behavioral Therapy

A psychological treatment method that addresses maladaptive behaviors and thoughts to improve emotional regulation and develop personal coping strategies.

Resistance

The refusal to accept or comply with something; in psychology, it can also refer to a client's opposition to their therapist's suggestions in psychotherapy.

Consciousness

The state of being awake and aware of one’s surroundings and thoughts.