You Just Bought a Car and Borrowed $15,000 for 5

question 102

Multiple Choice

You just bought a car and borrowed $15,000 for 5 years at 8% APR.Using the simple interest method;by the time you pay off this loan your total finance costs will be closest to which of the following?

• A)$6,000
• B)$3,249
• C)$3,784
• D)$1,200

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Definitions:

Therapeutic Relationship

The professional and compassionate bond between a therapist and their client, crucial for effective therapy.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, integral for personal development and emotional intelligence.

Microskills Hierarchy

A structured framework in counseling that outlines a progression of basic to advanced communication skills utilized in therapeutic interactions.

Therapeutic Alliance

The cooperative and working relationship between a therapist and a client, believed to be critical for effective therapy.