Use the Table for the Question(s)below

question 63

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows in $:
-Assume the appropriate discount rate for this project is 15%.The payback period for this project is closest to:

• A)3.0 years.
• B)2.5 years.
• C)2.0 years.
• D)4.0 years.

---

Definitions:

Fromm's Theory

A psychoanalytic theory focusing on the impact of society, culture, and economy on human personality development, emphasizing the need for freedom, love, and creative expression.

Evolutionary Psychology

A theoretical approach explaining psychological traits as adaptations evolved to solve recurrent problems in human ancestral environments.

Fulfilling Need

A psychological or physiological requirement essential for well-being and satisfaction of an individual.

Evolutionary Psychology

A theoretical approach in psychology that examines human thoughts, feelings, and behaviors through the lens of natural selection and adaptation.