Several Television Shopping Programs Are Developing Online Platforms,which May Attract

question 309

Multiple Choice

Several television shopping programs are developing online platforms,which may attract as many as 50 percent of all new customers,and interactive technology,that allows viewers to place orders

• A) without having to pay sales tax.
• B) without having to pay for shipping or handling.
• C) through online company websites.
• D) with a "double your money back guarantee" if the items are not delivered within 24 hours.
• E) with their remote control rather than the telephone.

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Definitions:

Student Loans

Money borrowed to pay for education expenses, which must be repaid with interest.

Principal

The initial sum of money borrowed in a loan or put into an investment, exclusive of any interest or dividends.

Student Loans

Loans offered to students to help cover post-secondary education expenses, which typically have favorable interest rates compared to other types of loans.

Annual Simple Interest Rate

The percentage of interest, calculated on a yearly basis, that does not account for compounding within that year.