Use the Table for the Question(s)below

question 42

Multiple Choice

Use the table for the question(s) below.
Suppose you have the following Loans/Investments
-If your income tax rate is 30%,then the after-tax EAR for your home equity loan is closest to:

• A)6.0%.
• B)5.9%.
• C)8.6%.
• D)5.8%.

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Definitions:

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit a similar response.

Classical Conditioning

A learning process that pairs a neutral stimulus with a stimulus that naturally produces a response until the neutral stimulus alone produces the same response.

Operant Conditioning

A behavioral modification method in which the level of an action is shaped by giving incentives or imposing deterrents.

Particular Consequence

Specific outcomes or results that follow from a particular action, decision, or event, with implications for those involved.