If a Bank Charges You Interest Up Front Then This

question 70

Multiple Choice

If a bank charges you interest up front then this loan is called a _________ loan

• A)compounded.
• B)simple interest.
• C)discount.
• D)add-on.
• E)installment.

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Definitions:

Employee Assistance Program

A work-based intervention program designed to identify and assist employees in resolving personal problems that may be adversely affecting their work performance.

Personal Problems

Issues or challenges in an individual's personal life, which can affect their mental health, relationships, or overall well-being.

CEO

Chief Executive Officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Supervisor

An individual responsible for guiding and assessing the performance of a group of employees within an organization.