You Are Considering Purchasing a New Automobile with the Upfront

question 9

Multiple Choice

You are considering purchasing a new automobile with the upfront cost of $25,000 or leasing it from the dealer for a period of 60 months. The dealer offers you 4.00% APR financing for 60 months (with payments made at the end of the month) . Assuming you finance the entire $25,000 through the dealer, your monthly payments will be closest to ________.

• A) $368
• B) $460
• C) $552
• D) $645

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Definitions:

High Interoceptive Awareness

The heightened sensitivity to stimuli originating inside of the body, such as hunger, heart rate, or the need for air.

Generalized Anxiety Disorder

A mental health disorder characterized by excessive, uncontrollable worry about everyday things.

Unconscious

According to Freud, an area of the psyche where memories, wishes, and needs are stored and where conflicts among the id, ego, and superego are played out.

Conscious

Refers to mental contents and processes of which we are actively aware.