A Stream of Equal Cash Payments Lasting Forever Is Termed

question 29

Multiple Choice

A stream of equal cash payments lasting forever is termed as:

• A)an annuity.
• B)an annuity due.
• C)an installment plan.
• D)a perpetuity.

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Definitions:

Learned Helplessness

A state where an individual feels completely devoid of control, stemming from experiencing a traumatic incident or consistent inability to achieve success.

Basic Psychological Mechanisms

Fundamental processes underpinning human thought, emotion, and behavior, such as perception, learning, and motivation.

Locus of Control

A psychological concept that refers to individuals’ beliefs about the extent to which outcomes of their actions are under their own control (internal locus) or beyond their control (external locus).

Julian Rotter

An American psychologist known for his development of social learning theory and the concept of locus of control.