If I Will Receive a Payment of $121 Two Years

question 51

Multiple Choice

If I will receive a payment of $121 two years from now and the annual interest rate is 10 percent, the present value of the payment is:

• A)$90.
• B)$100.00.00.
• C)$110.10.
• D)$146.41.

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Definitions:

Behaviorist Approach

A theory of learning which states that all behaviors are learned through interaction with the environment through a process called conditioning.

Psychoanalytic Approach

This approach focuses on understanding and treating mental disorders by exploring the unconscious mind's role in shaping behaviors and thoughts.

Human Psychology

The scientific study of the human mind and its functions, particularly those affecting behavior in various contexts.

Learning And Cognitive Approaches

Learning and cognitive approaches in psychology focus on understanding how thinking, memory, perception, and learning influence behavior and the processing of information.