Provide an appropriate response.True or False? A loan that you pay off with equal regular payments is called an installment loan.
A. True
B. False
Answer: A
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Decide whether the statement makes sense. Explain your reasoning.Steve is planning to open a savings account either at Quarterly Bank or at Daily Bank. Quarterly Bank is offering an APR of 6% compounded quarterly, which is clearly the better deal since Daily Bank is offering an APR of 6% but with daily compounding.
What will be an ideal response?
Decide whether the statement makes sense. Explain your reasoning.By 2040 projected Social Security payments will be about $900 billion more than collections from Social Security taxes. The government will then need to redeem $900 billion in IOUs from the Social Security trust fund. However, it should be fairly easy for the government to find the $900 billion by cutting discretionary spending.
What will be an ideal response?
Which of the following terms generally refers to environmental influences that shape behavior?
A. nurture B. maturation C. nature D. social evolution
What term refers to the notion that the well-being of the group is more important than that of the individual?
A. individualism B. humanism C. collectivism D. bioecology