Scenario 15.6: Consider the Following Decision That Eileen Has to Make

question 23

Multiple Choice

Scenario 15.6:
Consider the following decision that Eileen has to make:
Eileen is considering buying a $4000 computer for her daughter. Eileen hopes that with the computer her daughter's schoolwork will improve so much that in two years time she will be offered a full-ride scholarship to college. The scholarship is paid for four years and is valued at $25,000 per year. Even with the computer the probability that the scholarship will be awarded is 10%.
-Refer to Scenario 15.6. What formula shows the dollar stream expected from this purchase?

• A) -$4000 + $0 + $25,000 + $25,000 + $25,000 + $25,000
• B) $0 + $25,000 + $25,000 + $25,000 + $25,000
• C) $25,000 + $25,000 + $25,000 + $25,000
• D) -$4000 + $0 + $2500 + $2500 + $2500 + $2500
• E) $96,000

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Definitions:

Socially Patterned Activities

Activities that are structured and influenced by societal norms and cultural practices.

Deep Structure

In linguistics, it refers to the underlying, abstract meaning of a sentence, as opposed to the surface structure which is the sentence's actual spoken or written form.

Format

The arrangement, structure, or layout of information or material, often referring to documents, media, or data.

Language Acquisition Support System (LASS)

Bruner’s term for the patterned behaviors and formatted events within which children acquire language. It is the environmental complement to the innate, biologically constituted LAD.