McGlothin Inc $\begin{array}{lcccc}\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & -\$ 1.150 & \$ 500 & \$ 500 & \$ 500\end{array}$

question 45

Multiple Choice

McGlothin Inc.is considering a project that has the following cash flow data.What is the project's payback? $\begin{array}{lcccc}\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & -\$ 1.150 & \$ 500 & \$ 500 & \$ 500\end{array}$

• A) 1.86 years
• B) 2.07 years
• C) 2.30 years
• D) 2.53 years
• E) 2.78 years

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Definitions:

Memory Strategies

Techniques that enhance an individual's ability to retain, recall, and reconstruct memories.

Improve Memory

Actions or strategies aimed at enhancing the ability to store, retain, and recall information.

Atkinson and Shiffrin Model

A model of human memory proposed by Richard Atkinson and Richard Shiffrin that describes memory in terms of three stores: sensory memory, short-term memory, and long-term memory.

Memory Systems

The structures and processes involved in the encoding, storage, and retrieval of memories in the human brain.