When You Play Tic-Tac-Toe Using Certain Mental Shortcuts,you Are Using

question 42

Multiple Choice

When you play tic-tac-toe using certain mental shortcuts,you are using cognitive strategies psychologists call:

• A)algorithms.
• B)mental sets.
• C)heuristics.
• D)syllogistic reasoning.

---

Definitions:

Rate of Return

The profit or loss of an investment over a specified period, expressed as a percentage of the investment’s initial cost.

Present Value

The contemporary valuation of a future monetary sum or cash flow series, as determined by an agreed-upon rate of return.

Future Cash Flows

Estimated amounts of money expected to be received or paid out over future periods.

Cash Payback Method

A financial analysis method used to determine the time needed for an investment to generate cash flows sufficient to recover the initial investment cost.