Nikki Has Just Taken an IQ Test and Wants to Know

question 124

Multiple Choice

Nikki has just taken an IQ test and wants to know what exactly intelligence is. The person who tested her says he believes intelligence is one thing that cuts across virtually all tasks one completes. This core ability is

• A)gainful loss (gl).
• B)general mental age (gm).
• C)mental giftedness (mg).
• D)general intelligence (g).
• E)mental age.

---

Definitions:

Initial Investment

The funds allocated to start a business or a project, representing the beginning financial input.

Net Present Value

The calculation of the present value of the sum of the present values of all cash inflows and outflows expected from an investment, using a specific discount rate to value future cash flows.

Cost Savings

Reductions in expenses that contribute to increased profit margins.

Required Rate of Return

The minimum annual percentage earned that an investment must generate to avoid loss to the investor.