Two Years Ago You Purchased a New SUV

question 70

Multiple Choice

Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.95% APR. Your monthly payments are $386.19 and you have just made your 24th monthly payment on your SUV. The amount of your original loan is closest to ________.

• A) $22,000
• B) $20,000
• C) $24,000
• D) $28,000

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Definitions:

Disruptive Behaviors

Actions that interrupt or negatively impact the normal flow of activities in a social or educational setting.

Teachers

Educators responsible for facilitating learning, providing academic instruction, and fostering social and personal development.

Cognitive Theorist

A psychologist or researcher who studies the mental processes involved in knowing, including aspects like perception, thinking, memory, and judgment.

Mental Representation

The mental imagery of things that are not currently seen or sensed by the sense organs; in other words, the ability of the mind to hold, process, or project images and ideas internally.