To Calculate Present Value of an Amount,two Factors Are Required

question 44

Short Answer

To calculate present value of an amount,two factors are required:
__________________ and
___________________.

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Definitions:

Drive

An internal motivational state that compels organisms to act or behave in specific ways to satisfy needs.

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, or praise.

Habit

A routine behavior that is repeated regularly and tends to occur subconsciously.

Incentive

Something that motivates or encourages someone to do something.