Use the Following Information to Answer the Question(s)below

question 28

Multiple Choice

Use the following information to answer the question(s) below.
Dagny Taggart has just purchased a home and taken out a $400,000 mortgage.The mortgage has a 30-year term with monthly payments and has an APR of 5.4%.
-The total amount of interest that Dagny will pay during the first three months of her mortgage is closest to:

• A)$1345.
• B)$5380.
• C)$5395.
• D)$6740.

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Definitions:

Structured Interview

A standardized method of interviewing where all candidates are asked the same set of predefined questions in the same order to ensure consistency.

Reliability of Results

The degree to which the outcome of a test, experiment, or measurement can be depended on to be consistent over repeated trials.

Freedom of Response

The degree to which respondents can provide answers to questions or tasks without being constrained by a predetermined set of options, allowing for more varied and potentially insightful responses.

Desensitized

The process of reducing or eliminating an emotional response to a stimulus through repeated exposure.