If You Are a Borrower,which of the Choices Would Lower

question 53

Multiple Choice

If you are a borrower,which of the choices would lower your APR?

• A)Repay your loan in monthly installments
• B)Repay your loan in quarterly installments
• C)Repay your loan in semiannual installments
• D)Repay your loan in annual installments
• E)You would be indifferent to how frequent your loan payments are.

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Definitions:

Demand Chain

The network of resources and processes involved in driving customer demand for products and services, as opposed to the traditional supply chain.

Demand Management

Strategies and practices aimed at forecasting, planning, and influencing customer demand to optimize supply chain and resources.

External Balancing

A strategy implemented to match supply and demand by adjusting capacity externally, often through outsourcing or partnerships.

Production Flexibility

Refers to a company's ability to quickly adjust its production levels and processes to accommodate changes in market demand or to exploit new market opportunities.