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If the Discount Method Is Used to Calculate a Finance

question 105

True/False

If the discount method is used to calculate a finance charge of $250.60 on a $2,400 loan,the amount to be repaid is $2,400.


Definitions:

Isokinetic

Describes exercises performed with a specialized apparatus that provides variable resistance to a movement, so the speed of the movement is consistent.

Static Training

An exercise method focusing on holding a position or muscle contraction for a period of time without movement to improve strength and endurance.

Dynamic Training

A form of exercise that involves moving parts of the body through their full range of motion with or without weights.

Concentric Contraction

A type of muscle contraction where the muscle shortens while generating force, typically the upward movement in a bicep curl.

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