Helen Is Saving to Start a Business

question 89

Multiple Choice

Helen is saving to start a business.If she invests $10,000 in a savings account now,which of the following is the minimum interest rate required to ensure that she has $25,000 in her account in ten years time?

• A)2.5%
• B)6.4%
• C)9.6%
• D)10.2%
• E)8.7%

Delineate between different dimensions of choice in the online shopping context.

Comprehend the concept of customerization and its impact on marketing.

Recognize the role of web communities in e-commerce and online interaction.

Understand the strategies used in viral and buzz marketing.

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Definitions:

VR 20 Schedule

VR 20 Schedule, or Variable Ratio 20 Schedule, is a reinforcement schedule in which a response is rewarded after an unpredictable number of responses, on average every 20th response.

Greeting Cards

Decorated cards sent to express personal sentiments, such as congratulations, sympathy, or holiday wishes, traditionally presented on special occasions.

Behavioral Extinction

The gradual decrease and eventual disappearance of a conditioned response when the reinforcement is no longer provided.

Continuous Reinforcement

A learning process in operant conditioning where a behavior is rewarded every time it is performed.