You Could Reduce the Size of Your Monthly Payments by

question 58

Multiple Choice

You could reduce the size of your monthly payments by

• A) agreeing to a higher interest rate.
• B) borrowing the same amount of money but for a shorter period of time.
• C) borrowing more money initially for the same period of time.
• D) lengthening the maturity of the loan.

---

Definitions:

Artificial Intelligence

A software-based ability to demonstrate learning and decision making.

HR Forecasts

Predictions made by the Human Resources department regarding future staffing needs, based on analysis of trends and organizational goals.

Technical Skills

Specific abilities and knowledge that allow individuals to perform tasks related to technology, engineering, mathematics, or scientific subjects.

Ku Klux Klan

A white supremacist hate group established in the United States post-Civil War, known for its racist ideology and acts of terrorism and intimidation.