A Few Years After Graduating from College,you Decide to Get

question 92

Multiple Choice

A few years after graduating from college,you decide to get an MBA.This endeavor sets you back $100,000 in loans.Luckily,you have the option to consolidate these loans at 5%.You opt for a 30-year payback period with monthly installments due at the end of each month.What is the monthly payment on the consolidated loan?

• A) $536.82
• B) $542.10
• C) $544.86
• D) $3,552.94

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Definitions:

Obesity

A medical condition characterized by excessive body fat that presents a risk to health.

Set Point

The theory proposing that individuals have a genetically determined range of weight and temperature that their body regulates and maintains.

Calorie Intake

The total amount of calories consumed through eating and drinking over a period of time.

Lexical Decision

Lexical decision is a task in psycholinguistics measuring how quickly a person can decide if a string of letters is a real word or not.