Which Payment Frequency,all Else Being Equal,will Generally Save You the Most

question 14

Multiple Choice

Which payment frequency,all else being equal,will generally save you the most interest over the life of your mortgage?

• A)Semi-monthly
• B)Biweekly
• C)Accelerated biweekly
• D)Weekly

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Definitions:

Intelligence Testing

the measurement of a person's intellectual abilities and potential, usually through a series of tasks and assessments that cover various cognitive skills.

Binet

Alfred Binet, a French psychologist best known for developing the first intelligence test.

Thurstone

Refers to Louis Leon Thurstone, an influential American psychologist known for his contributions to psychometrics and the theory of intelligence.

Wechsler

Refers to David Wechsler, a psychologist who developed several widely used intelligence scales, including the Wechsler Adult Intelligence Scale (WAIS).