If You Go to Your Bank and It Grants You

question 22

Multiple Choice

If you go to your bank and it grants you a lump sum loan today that requires monthly payments for a fixed period of time to repay the borrowed money,you have most likely received a ________.

• A)discount loan
• B)line of credit
• C)straight loan with a preset payment schedule
• D)compensating balance loan

---

Definitions:

Expression

In mathematics, an expression is a combination of symbols that represent a value or the relationship between values.

X

Often used to denote an independent variable or an unknown value in equations and functions.

Polynomial

An algebraic expression consisting of terms in the form of ax^n where a is the coefficient, x is the variable, and n is a non-negative integer.

Monomial

An algebraic expression consisting of a single term, which can be a constant, a variable, or multiples of variables and constants.