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Tyler usually avoids alcohol, but he goes on a serious drinking binge every couple of months. He often gets into trouble with family, friends or his employer as a result of his behaviour. After each of these binges, he gets rid of all the alcohol in his house, puts everything in order, gets a new haircut, and promises everyone that he will never drink again. Which defence mechanism does this example illustrate?
APR
Annual Percentage Rate, the yearly interest rate charged to borrowers, including fees and other costs, providing a complete picture of the loan's cost.
Periodic Rate
The interest rate for a specific period of time, often related to credit cards or loans, which can be monthly, quarterly, etc.
APR
Annual Percentage Rate, a measure of the cost of credit, expressing the yearly interest rate.
Total Interest
The total amount paid or earned over the life of a financial product, such as a loan or an investment, in addition to the principal.
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