A Certain Machine Will Last One Year, Will Produce $120

question 103

Multiple Choice

A certain machine will last one year, will produce $120 in income (received one year later) , and will cost $100.The lowest interest rate at which this investment will be unprofitable is

• A)10 percent.
• B)11 percent.
• C)19 percent.
• D)22 percent.

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Definitions:

Anterograde Amnesia

Anterograde amnesia is a condition characterized by the inability to form new memories following the onset of the condition, while memories from the past prior to the condition may remain intact.

Retrograde Amnesia

A type of amnesia where an individual loses memories for events that occurred prior to a certain point, often due to brain injury or disease.

Sensory Memories

the shortest-term element of memory, a repository for incoming sensory information from the environment that holds these stimuli for a very brief period.

Anterograde Amnesia

a condition where an individual is unable to form new memories after the occurrence of a traumatic event or the onset of the condition.