You Are Considering a Project with an Initial Cost of $7,500.What

question 68

Multiple Choice

You are considering a project with an initial cost of $7,500.What is the payback period for this project if the cash inflows are $1,100,$1,640,$3,800,and $4,500 a year over the next four years,respectively?

• A)3.21 years
• B)3.28 years
• C)3.36 years
• D)4.21 years
• E)4.29 years

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Definitions:

Prepared Associations

Pre-existing tendencies in animals, including humans, to easily learn certain associations compared to others, due to evolutionary adaptations.

Unprepared

Not ready or adequately equipped to handle a particular task or situation.

Generalized Reinforcer

A reinforcing stimulus that has obtained its reinforcing properties through association with other reinforcers.

Token

An object or symbol that represents a right, fact, or attribute, often used as a means of access or in exchange processes.