According to David McClelland,wanting to Establish and Maintain Friendly and Warm

question 14

Multiple Choice

According to David McClelland,wanting to establish and maintain friendly and warm relations with others is called a ______________.

• A) need for affiliation
• B) need for achievement
• C) need for power
• D) need for companionship

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Definitions:

Average Annual Rate

An average percentage that represents the compounded annual growth rate of an investment over a specified time frame.

Average Annual Rate

The mean percentage rate at which money grows annually over a specified period, considering compounding.

Annual Rates

The interest rate quoted for a whole year, as opposed to rates quoted for shorter periods.

Compounded Quarterly

Refers to the calculation of interest which is added to the principal balance four times within a year, enhancing the amount of future interest earned.