Take the Following Within-Text Reference to the Literature and Rewrite

question 4

Essay

Take the following within-text reference to the literature and rewrite it to represent a good model of a reference in APA style 6^th ed. .
Poor Model:
"Alex Smith 1994,p.45 showed that consumer consumption at fairs…
Good Model:

---

Definitions:

Loan

A sum of money that is borrowed, often from a financial institution, which is expected to be paid back with interest.

Annual Interest Rate

The percentage increase in money that borrowers pay lenders over a year, typically applied to loans and savings.

Interest

The charge for borrowing money or the return for lending money, expressed as a percentage of the loan amount.

Interest Rate

The percentage charged on a loan or paid on savings over a specific period, reflecting the cost of borrowing or the reward for saving.