The Advantage to Financing a Car for a Long Period

question 108

Multiple Choice

The advantage to financing a car for a long period of time (of up to seven years) is

• A) you will build equity in the car faster.
• B) the car will be worth more by the time you pay off the loan.
• C) your monthly payment will be lower.
• D) you will be able to sell the car before you pay off the loan and have money to pocket.

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Definitions:

Definition Of Abnormality

A concept used to describe patterns of behavior, thought, or emotion that deviate significantly from cultural norms and cause distress or impairment.

Dysfunction

An impaired or abnormal functioning of a bodily system or organ.

Danger To Self

A situation where an individual poses a threat to their own health or life, often used in the context of psychiatric evaluation.

Hunger Strike

A form of protest by an individual or group, refusing to eat to achieve a goal or express a grievance.