The Annual Percentage Rate (APR) Is Generally Lower Than the Interest

question 100

True/False

The annual percentage rate (APR) is generally lower than the interest rate stated by the bank.

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Definitions:

Parasympathetic Nervous System

A division of the autonomic nervous system that conserves energy by slowing the heart rate and increasing intestinal and gland activity, facilitating a state of rest and digest.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that describes the body's short-term and long-term reactions to stress.

Distress

Negative stress, the kind felt during an illness or when going through a divorce.

Major Life Changes

Significant events or transitions in a person's life that require adaptation, such as marriage, divorce, moving to a new location, or significant loss.