The Primacy Effect Involves Using the __________ Traits We Perceive

question 9

Multiple Choice

The primacy effect involves using the __________ traits we perceive in others to understand additional information we learn about them.

• A) first
• B) middle
• C) last
• D) most obvious

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Definitions:

Compounded Semi-annually

A method of calculating interest where the earned interest is added to the principal balance twice a year, affecting the total interest earned over time.

Semi-annual Withdrawals

Withdrawals from an account or investment that occur twice a year.

Compounded Annually

Interest calculation method where interest is added to the principal sum once a year, leading to growth that includes "interest on interest."

Perpetuity

A financial instrument that pays a fixed sum of money indefinitely, with no end date.