Use the Information for the Question(s)below

question 61

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.You 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)$14,808.
• B)$22,212.
• C)$32,000.
• D)$37,020.

---

Definitions:

Executive Team

A group of high-level managers or leaders within an organization responsible for making strategic decisions.

Stability

The state of being steady, consistent, and not prone to change, which is often sought after in various contexts for predictability and reliability.

Autonomy

The degree to which an individual has the freedom to make decisions and take actions independently.

Coordination

The act of organizing and aligning activities, tasks, and efforts among individuals or groups to achieve common goals efficiently.