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pychu [463]
3 years ago
10

If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?

Social Studies
1 answer:
Vaselesa [24]3 years ago
4 0

Answer:

A) Non-Revolving

Explanation:

There are two types of payment option, revolving credit and non-revolving credit.

For non-revolving credit, there is a fixed interest rate and fixed monthly payment according to agreement to payoff the loan. The consumers fixed monthly payment in this case is $250. Unlike non-revolving credit, there is no fixed payment amount in revolving credit.

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If Professor pegler's research efforts focus on how the use of heuristics influences the way people assess financial risks. The specialty area that this research best represent is:<u> Cognitive Psychology.</u>

<h3>What is Cognitive Psychology?</h3>

Cognitive Psychology can be defined a study that focuses on how people think, act, behave, learn, solve problem etc.

On the other hand heuristics  can be defined as the techniques that enables people to make use of their problem solving skills to solve problems.

Therefore if Professor pegler's research efforts focus on how the use of heuristics influences the way people assess financial risks. The specialty area that this research best represent is:<u> Cognitive Psychology.</u>

Learn more about Cognitive Psychology here:brainly.com/question/26504675

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4 0
2 years ago
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Answer:

D) Theory

Explanation:

I might be wrong, but when you have a theory you usually carry out multiple experiments to support it. I hope this helps :)

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"I claim the 5th."
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When someone claims the 5th amendment rights that means that the person can refuse to answer questions about a possible crime or anything that they believe could incriminate them. Basically, they can't make you testify against yourself if you don't want to. The person in the questions knows something that might incriminate him but he doesn't have to answer because he doesn't want to get in trouble.
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