A Corporation Has Promised to Pay $1,000 Twenty Years from Today

question 30

Multiple Choice

A corporation has promised to pay $1,000 twenty years from today for each bond sold now.No interest will be paid on the bonds during the twenty years, and the bonds are said to offer a 7 percent interest rate.Approximately how much should an investor pay for each bond?

• A)$70.00
• B)$258.42
• C)$629.56
• D)$857.43 PV = $1,000/(1.07)²⁰
• = $1,000/3.8697

Understand the applicability and principles of solution-focused therapy in treating involuntary or mandated clients.

Comprehend the core principles and change mechanisms in narrative therapy.

Recognize the emphasis and unique approach of solution-focused therapy towards individual client's problems and solutions.

Identify the goal-setting process and its importance in solution-focused therapy.

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Definitions:

Fixed Interval Schedule

A reinforcement strategy in behavioral psychology where rewards are delivered at consistent, predetermined intervals of time.

Administer Rewards

The process of allocating incentives or benefits to individuals or groups based on their performance or achievements.

Uneven

Lacking uniformity, consistency, or equivalence; not even or balanced in distribution or arrangement.

Behavior

Refers to the actions or reactions of an organism or any living entity in response to external or internal stimuli.