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.

---

Definitions:

Nonjudgmental

Refers to an attitude or approach that avoids making premature judgements or evaluations, typically in the context of understanding or interacting with others.

Assertive

Being confident without being aggressive; to express one's needs, desires, or opinions in a respectful and clear manner.

Aggressive

Expressing one’s interests while denying the rights of others by blaming, judging, and evaluating other people.

Impromptu Talking

Speaking unprepared and spontaneously in front of an audience, without prior planning or rehearsal.