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Scenario: An investor is considering three different investment options. Investing in Option A pays him $4,000 after 6 years, investing in Option B pays him $7,600 after 7 years, and investing in Option C pays him $9,000 after 8 years. If he deposits the amount with a bank, he would receive an annual interest rate of 9 percent.
-Refer to the scenario above.Which of the following statements is true?
Self-serving Bias
The tendency to attribute positive events to one's own character but attribute negative events to external factors.
Unconditional Regard
A concept in psychology that refers to accepting and supporting someone regardless of what they say or do, typically used in the context of therapeutic relationships.
Reciprocal Determinism
A core concept of social cognitive theory that suggests individual behavior, environmental factors, and personal cognitive factors operate as interlocking determinants influencing each other.
ADHD
Attention Deficit Hyperactivity Disorder, a neurodevelopmental disorder characterized by difficulties in maintaining attention, hyperactivity, and impulsiveness.
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