Which of the Following Statements Is TRUE If You Increase

question 11

Multiple Choice

Which of the following statements is TRUE if you increase your monthly payment above the required loan payment?

• A)The extra portion of the payment does not go to the principal.
• B)You can significantly increase the number of payments needed to pay off the loan.
• C)The extra portion of the payment increases the principal.
• D)You can significantly reduce the number of payments needed to pay off the loan.

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Definitions:

Feel Sorry

An expression of sympathy or regret, especially in situations where one acknowledges sorrow or pity for someone else's misfortune or mistake.

Intensity

The degree of strength, force, or energy with which an activity or phenomenon is conducted or occurs.

Emotional Experiences

The subjective feelings and responses individuals have to different situations, which can include a wide range of emotions like happiness, sadness, anger, or fear.

Nonhuman Animals

Refers to all species of animals that are not classified as human, encompassing a wide range of living organisms from insects to mammals.