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Using the Earnings Multiple Approach Is Determining the Present Value

question 223

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Using the earnings multiple approach is determining the present value of an annuity as a means to determine the face value of the insurance policy one needs to purchase.


Definitions:

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment, a concept introduced by B.F. Skinner.

Classical Conditioning

A form of learning in which a previously neutral stimulus becomes associated with a stimulus that naturally produces a response.

First-Person Shooter

A video game genre centered around gun and projectile weapon-based combat through a first-person perspective.

Keyword Method

A mnemonic device that involves associating a familiar word with a new word or information to facilitate recall.

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