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Renfro Corporation will receive $20,000 today (January 1, 2006) , and also on each January 1st for the next five years (2007 - 2011) .What is the present value of the six $20,000 receipts, assuming a 12% interest rate.?
Conditioned Stimulus
A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response on its own.
Conditioned Response
A learned response to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus.
Unconditioned Stimulus
A stimulus that automatically triggers a response without any need for prior learning.
Conditioned Stimulus
A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually triggers a conditioned response.
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