Refer to the Data Provided in Table 11 -Refer to Table 11

question 12

Multiple Choice

Refer to the data provided in Table 11.2 below to answer the following question(s) .
Table 11.2 $$\begin{array}{l}\begin{array} { l c c } &\text { Total Investment }&\text {Expected Rate of Return }\\ { \text { Project } } & \text { (dollars) } & \text { (percentage) } \\\hline \text { New bookkeeping software } & \$ 150,000 & 5 \\\text { New tractor } & \$ 200,000 & 12 \\\text { New grain storage tanks } & \$ 250,000 & 10 \\\text { Irrigation system } & \$ 500,000 & 15 \\\hline\end{array}\end{array}$$
-Refer to Table 11.2. When the interest rate ________, the farmer will engage in no investment.

• A) is greater than 15%
• B) is less than 5%
• C) is less than 15%
• D) is greater than 5%

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Definitions:

Persuasive

Having the power, skill, or ability to convince others to accept one's view, belief, or course of action.

Competent Leaders

Individuals who possess the necessary skills, knowledge, and attitudes to effectively guide and direct groups or organizations towards achieving their goals.

Unconscious Forces

Psychological drives or instincts that lie beyond conscious awareness but influence thoughts, feelings, and behaviors.

Cognitive Psychology

A branch of psychology focused on studying mental processes such as perception, memory, thought, and problem-solving.