Dr Nick

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About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 247 Weeks Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Math Posted 28 May 2017 My Price 14.00

The type of loan for which consumers

QUESTION 1 1. The type of loan for which consumers do not pay the full amount at the time of purchase, but pay a portion of the amount owed in regular payments, is called consumer _________. contingent uncertain credit rule 10 points QUESTION 2

 

QUESTION 1

1.The type of loan for which consumers do not pay the full amount at the time of purchase, but pay a portion of the amount owed in regular payments, is called consumer _________.

contingent

uncertain

credit

rule

10 points   

QUESTION 2

1.Loans with regular payments are called _________________ loans.

future

present

installment

value

10 points   

QUESTION 3

1._________ installment loans are loans in which the amount borrowed plus interest is repaid in a specified number of equal payments.

Open-end

Auto

Charge

Closed-end

10 points   

QUESTION 4

1.______________ loans are loans in which there is no fixed number of payments.

Close-ended

Terminal

Nonterminal

Open-ended

10 points   

QUESTION 5

1.The _______ price is the price you pay if you pay the full amount at the time of sale.

cash

credit

financed

installment

10 points   

QUESTION 6

1.The _______ payment is a partial payment of the cash price paid at the time of sale.

cash

down

installment

credit

10 points   

QUESTION 7

1.The _________________ is the total amount you pay in regular payments to pay off the balance of the loan.

down payment

selling price

amount financed

terminal price

10 points   

QUESTION 8

1.The installment _______ is the amount you pay each period, including interest, to pay off the loan.

loan

interest

payment

tax

10 points   

QUESTION 9

1.The ________ price is the total paid, including interest, to pay off an installment loan.

tax

financed

nominal

installment

10 points   

QUESTION 10

1.The interest associated with an installment loan is part of the charges referred to as _______charges or carrying charges.

gifted

finance

latent

taxable

10 points   

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Answers

Dr Nick
(3)
Status NEW Posted 28 May 2017 02:05 PM My Price 14.00

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