A Mechanical Solution to a Problem Is One in Which

question 626

Multiple Choice

A mechanical solution to a problem is one in which

• A) general and functional techniques are used in answering the problem.
• B) the answer is arrived at by rote learning.
• C) brainstorming and insight are used to solve the novel problem.
• D) the answer is arrived at by using the representative heuristic.

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Definitions:

Compounded Quarterly

This pertains to the calculation of interest on the principal amount and previously accumulated interest four times a year.

Finance Company

A business that specializes in providing loans to consumers and investing in securities.

Conditional Sale

A sales agreement that includes conditions that must be met for the sale to be finalized or for the title of the property to be transferred to the purchaser.

Compounded Annually

Compounded annually refers to the process where interest is added to the principal sum once per year, resulting in the growth of the initial amount over time.