Lisa Had Always Been Told She Was Very Smart in Areas

question 27

Multiple Choice

Lisa had always been told she was very smart in areas related to reading skills and reading comprehension, and she labels herself as innately smart. She had little difficulty reading or understanding the books she was assigned to in class. However, when she moved from the third to the fourth grade, Lisa found the new reading assignments to be very challenging. As a result, Lisa is likely to

• A) choose difficult books to read so that she can improve her performance and challenge herself.
• B) believe that with effort, her reading could continue to improve.
• C) ask her teacher for help in learning to read difficult words to ensure she continues her high reading performance.
• D) reduce her effort, interest, and investment in reading the challenging material.
• E) ask a peer for help in learning to read the harder books.

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Definitions:

Annuity Investment

A financial product typically sold by insurance companies that provides periodic payments to the holder for a defined period of time or for life.

Effective Rate

The interest rate on a loan or financial product restated from the nominal rate as an interest rate with annual compound interest payable in arrears.

Annuity Investment

An economic tool designed to disburse a consistent flow of funds to someone, primarily for retirement preparation purposes.

Effective Interest Rate

The real rate of interest earned or paid on an investment or loan, taking into account the effect of compounding over a specific period.