What Annual Payment Must You Receive in Order to Earn

question 130

Multiple Choice

What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity that has a cost of $4,800?

• A) $352.56
• B) $255.84
• C) $349.44
• D) $283.92
• E) $312.00

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Definitions:

Premack Principle

A principle of reinforcement that states a more preferred activity can be used as a reward to reinforce a less preferred activity.

Theory X

A management theory assuming that employees are inherently lazy and will avoid work if they can, necessitating control and coercion by management.

Theory Y

A management approach that suggests employees are intrinsically motivated, enjoy their job duties, and work to better themselves without direct supervision.

Work Motivation

The intrinsic and extrinsic factors that energize, direct, and sustain an individual's work behavior and performance.