Mark Borrows $15,000 to Buy a New Car

question 57

Multiple Choice

Mark borrows $15,000 to buy a new car.His loan has an annual interest rate of 6.5%,compounded monthly,and his monthly payment is $293.49.How much will he have paid in interest when he has finished repaying his loan in 60 months?

• A)$43.49
• B)$1,575.50
• C)$2,609.40
• D)$17,609.40

Know the sequence of motor development milestones in infants and their significance.

Comprehend basic principles of genetic inheritance and the role of dominant and recessive genes.

Understand various research methods used in the study of development across the lifespan.

Recognize the role of sensory functions and reflexes in newborns for survival and development.

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Definitions:

Liver

A vital organ that performs detoxification, metabolism, and protein synthesis.

Stomach

A muscular organ located in the gastrointestinal tract that plays a key role in digestion by mixing and breaking down food using gastric juices.

Endocrine

Pertaining to the system of glands that release hormones directly into the bloodstream, influencing various bodily functions.

Development

The process of growth and change that organisms undergo over their lifetimes, encompassing physical, cognitive, and social aspects.