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Motivation increases, according to the expectancy theory, when the worker believes that the successful performance will result by putting effort into a given task. This is called E-P expectancy.
Payment Extension
A prolongation of the period over which a debt or loan is to be repaid.
Later Date Payment
A payment that is scheduled to be made after the usual due date.
Equivalent Value
The amount that represents the same value when compared under different conditions or assumptions.
Due Today
The amount of money that must be paid or is payable today.
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