Fill in the Lettered Blanks in the Following Table

question 107

Essay

Fill in the lettered blanks in the following table: $\begin{array}{lrrr}&\text { Investment } A& \text { Investment } B &\text { Investment } C\\\text { Amount of investment } & \$ 80,000 & (\mathrm{a}) & \$ 20,000 \\\text { Economic life in years } & 10 & 5 & 8 \\\text { Annual cash flow } & \$ 10,000 & (\mathrm{~b}) & \$ 2,500 \\\text { Payback period in years } & (\mathrm{c}) & 4 & \text { (d) } \\\text { Present value of cash flows } & (\mathrm{e}) & \$ 66,000 & (\mathrm{f}) \\\text { Net present value } & \$ 5,500 & \$ 6,000 & (\$ 1,000)\end{array}$

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Definitions:

Intelligence

The ability to learn, understand, and apply knowledge and skills, solve problems, and adapt to new situations.

Stanford-Binet Intelligence Scale

A cognitive ability assessment tool that measures intelligence through various verbal and non-verbal tasks.

Mental Age

An assessment of an individual's mental aptitude based on the average age at which people achieve a particular score.

William Stern

A German psychologist who is best known for developing the concept of the intelligence quotient (IQ) and for his significant contributions to differential psychology.