Adverse selection is a situation where customers who most need insurance are more likely to apply for insurance.

A recommendation is a business message that ________

A) denies the existence of a problem B) establishes a need that cannot be filled C) suggests a solution to a problem or a need D) supports the maintenance of the status quo E) identifies a problem and asks others to figure out a solution

Mark borrows $15,000 to buy a new car. His loan has an annual interest rate of 6.5%, compounded monthly, and his monthly payment is $293.49. How much will he have paid in interest when he has finished repaying his loan in 60 months?

A) $43.49 B) $1,575.50 C) $2,609.40 D) $17,609.40