You Have Determined That a 60 Percent Learning Curve Is

question 28

Multiple Choice

You have determined that a 60 percent learning curve is appropriate for a task. If your initial timing of person performing that task was 35 minutes and if you need the task performed 1,000 times, how many minutes of work will be required?

• A) 3,500.0 minutes
• B) 1,062.5 minutes
• C) 705.25 minutes
• D) 450.5 minutes
• E) 220.3 minutes

---

Definitions:

Rate

The percentage at which interest is charged or paid, or a measure of change over time.

Compound-Interest

Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Canada Savings Bond

A financial product offered by the Government of Canada that provides a competitive, fixed interest rate over a specified period.

Redeemed

The act of exchanging a financial security or coupon for cash or the value promised.