Solve. -A Small Business Owner Made $40,000 the First Year He

question 202

Multiple Choice

Solve.
-A small business owner made $40,000 the first year he owned his store and made an additional 6% overthe previous year in each subsequent year. Find how much he made during his fourth year of business.Find his total earnings during the first four years. (Round to the nearest cent, if necessary.)

• A)$47,640.64; $174,984.64
• B)$8.64; $42,552.64
• C)$163,840.00; $370,240.00
• D)$262,144.00; $632,384.00

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Definitions:

Likert-Type Scale

A psychometric scale often used in questionnaires, where respondents specify their level of agreement to a statement typically in a five or seven-point scale.

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Emotional reactions that show an understanding of and compassion for another's situation, feelings, and motives.

Graphic Scale

A measurement tool that uses a line or visual representation to depict the range of responses, allowing individuals to mark their position along the continuum.

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An educational or therapeutic technique in which individuals act out roles in specific scenarios to learn about themselves, improve skills, or gain understanding of others.