Use the Following Information for Questions

question 4

Multiple Choice

Use the following information for questions
A bank customer is granted credit for a $2,000 loan at 10% to be repaid in 12 equal installments.
-If the loan is a discount loan, what is the monthly payment?

• A) $200.00
• B) $192.35
• C) $184.20
• D) $173.12
• E) $166.67

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Definitions:

Drug Addiction

A chronic, relapsing disorder characterized by compulsive drug seeking, continued use despite harmful consequences, and long-lasting changes in the brain.

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus.

Contextual Cues

are environmental or situational factors that affect behavior by signaling the appropriateness of certain responses.

Overdose

The ingestion or application of a substance in quantities greater than are recommended or generally practiced, leading to a serious or lethal toxic state.