Matt Believes That Because He Did Not Make an "A

question 193

Multiple Choice

Matt believes that because he did not make an "A" on his thermodynamics exam, he will never get into a good graduate school. What would Beck call this cognitive error?

• A)selective perception
• B)magnification
• C)overgeneralization
• D)absolutist thinking

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Definitions:

Compounded Quarterly

An interest calculation method where interest is added to the principal sum of a deposit or loan on a quarterly basis, leading to interest earning interest.

Present Value

The present worth of a future amount of money or series of cash inflows based on a certain return rate.

Retirement Annuities

Financial products that provide a stream of payments to individuals after retirement, typically funded through premiums paid over time.

Compounded Semiannually

Interest on a loan or investment calculated twice a year, adding each interest payment to the principal amount before the next calculation.