When the Interest Paid on the Initial Principal Also Collects

question 7

Multiple Choice

When the interest paid on the initial principal also collects interest, this is called

• A) initial interest.
• B) simple interest.
• C) compound interest.
• D) present value interest.

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Definitions:

Extinction

The process whereby a conditioned response decreases in frequency and eventually disappears as a result of the conditioned stimulus being presented without the unconditioned stimulus.

Reinforcement

A stimulus or event that increases the likelihood of a behavior being repeated, it can be positive (adding) or negative (removing).

Shaping

Shaping is a method of training by which successive approximations toward a desired behavior are reinforced.

Primary Reinforcement

A reinforcer that satisfies a basic biological need or desire, such as food, water, or sleep, which is inherently motivating.