If the One-Year Discount Factor Is 0

question 11

Multiple Choice

If the one-year discount factor is 0.8333,what is the discount rate (interest rate) per year?

• A)10%
• B)20%
• C)30%
• D)40%

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Definitions:

Wants And Needs

Desires and necessities that drive individual behavior; wants are often driven by personal preference, while needs are essential for well-being and survival.

Evaluation And Termination

The process of critically appraising an intervention, project, or employee’s performance and the decision to end or conclude it based on outcomes.

Goal Attainment

The achievement or realization of objectives or targets that have been set.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.