-The Effective Annual Interest Rate on a Loan in Which

question 44

Multiple Choice

-The effective annual interest rate on a loan in which a company borrows $1,000,000 for one year at 8 percent and requires a compensating balance of 10 percent is:

• A)79.5%
• B)8.5%
• C)8.9%
• D)7.918%
• E)none of the above

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Definitions:

Systematic Desensitization

A behavioral therapy technique used to help individuals overcome phobias and anxieties by gradual exposure to the fear source while practicing relaxation techniques.

Cognitive Therapy

A form of psychotherapy focused on identifying and correcting negative thought patterns to improve emotional well-being and behavior.

Dissociative Identity Disorder

Dissociative Identity Disorder is a psychological condition characterized by the presence of two or more distinct personality states or identities within a single individual, previously known as multiple personality disorder.

Systematic Desensitization

A therapeutic technique aimed at reducing fear or anxiety through gradual exposure to the feared object or situation in a controlled way.