When Were Psychological Tests First Used in Selection Practices for U.S

question 33

Multiple Choice

When were psychological tests first used in selection practices for U.S. Army personnel?

• A) late 1800s
• B) early 1900s
• C) mid-1900s
• D) late 1900s

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Definitions:

Yield To Maturity

The total return anticipated on a bond if held until its maturity date, factoring in its current market price, face value, interest rate, and time to maturity.

Perpetuity

A type of financial instrument that offers indefinite or endless payments to the holder, often used to represent the value of fixed interest stocks.

Compound Rate

The rate at which a sum of money grows exponentially over time, considering the reinvestment of interest or earnings.

Coupon Rate

Annually, the return rate on a bond, presented as a percentage of its nominal price.