You Are Considering Purchasing a New Truck That Will Cost

question 54

Multiple Choice

You are considering purchasing a new truck that will cost you $34,000.The dealer offers you 1.9% APR financing for 48 months (with payments made at the end of the month) .Assuming you finance the entire $34,000 and finance through the dealer,your monthly payments will be closest to:

• A)$708
• B)$594
• C)$736
• D)$1086
• E)$697

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Definitions:

Achievement Oriented

Focused on setting challenging objectives and emphasizing excellence in performance.

Locus of Control

A psychological concept that refers to individuals' beliefs about the extent to which they can control events affecting them.

Business Education

Academic programs focusing on teaching the skills and knowledge required for careers in business, including finance, management, marketing, and entrepreneurship.

Behavioural Plasticity Theory

People with low self-esteem tend to be more susceptible to external and social influences than those who have high self-esteem.