21. Another way to describe simple interest is O a. The amount of money deposited. O b. The amount of money you earn on the money you deposit. O c. Interest that is paid on interest. O d. None of the above 22. The length of time for a bankruptcy to stay on your credit report is O a. Seven years O b. Ten years O c. Fifteen years O d. None of the above 23. Some loans require a down payment at the time of purchase, regular payments over a specified length of time, and a finance charge. These arrangements are known as O a. Single payment loans. O b. Installment loans. O c. Unsecured loans. O d. Secured loans