Academically Capable Ethnic Minority Students Do Not Attend College at Rates

question 12

Multiple Choice

Academically capable ethnic minority students do not attend college at rates comparable to White students. An important constraint in college attendance for these minority students is

• A) fear of success.
• B) fear of competing against White students.
• C) financial barriers.
• D) an external, stable pattern of attribution.

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Definitions:

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recoup its original cost.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period.

Time Value of Money

The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.