Which of the Following Statements Is FALSE

question 25

Multiple Choice

Which of the following statements is FALSE?

• A)The prime rate is the rate banks charge other banks.
• B)With a variable interest rate,the terms of the loan may indicate that the rate will vary with some spread relative to a benchmark rate,such as the yield on one-year Treasury securities or the prime rate.
• C)With a discount loan,the borrower is required to pay the interest at the beginning of the loan period.
• D)A common benchmark rate is the London Inter-Bank Offered Rate,or LIBOR,which is the rate of interest at which banks borrow funds from each other in the London inter-bank market.

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Definitions:

Lungs

Organs located in the chest on either side of the heart that enable the respiration process by exchanging oxygen and carbon dioxide.

Airway Obstruction

A blockage in any part of the airway that impedes normal breathing, potentially life-threatening if not promptly treated.

Growth And Development

The process of physical, cognitive, and socioemotional changes that humans undergo from birth through old age.

Infants

Very young children, typically those under one year of age.