Use the Information for the Question(s) Below

question 24

Multiple Choice

Use the information for the question(s) below.
Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.9% APR. Your monthly payments are $617.16 and you have just made your 24th monthly payment on your SUV.
-The amount of your original loan is closest to:

• A) $37,000
• B) $32,000
• C) $20,300
• D) $31,250

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Definitions:

Persuasive Appeals

Refers to the methods used in communication and rhetoric to influence or convince an audience, often classified as ethos, pathos, and logos.

Consumer Advertising

Marketing efforts aimed at the general public to promote goods, services, and ideas through various media channels.

Political Bias

Political bias is a tendency to favor or promote certain political ideas or positions over others, which can influence judgment or presentation of information.

Student Newspaper

is a publication produced by students of an educational institution, covering news and events pertinent to the campus community.