Choose the Word or Phrase in [ ] Which Will

question 125

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-You are borrowing $1,000,the APR is 10%,and the loan term is one year.Total interest charges will be higher if [you pay off the loan in 12 monthly installments | you make one payment in full at the end of the year].

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Definitions:

Economy

A system of production, distribution, and consumption of goods and services within a particular geographical region.

Predicate

In logic, the part of a proposition or sentence that asserts something about the subject, often describing an action, state, or quality.

Proposition

A statement or assertion that expresses a judgment or opinion which can be true or false.

Verb

A word that describes an action, occurrence, or state of being.