The Three Factors That Make Up the Performance Formula Are

question 139

Multiple Choice

The three factors that make up the performance formula are:

• A)ability, motivation, and goals.
• B)ability, goals, and resources.
• C)ability, motivation, and resources.
• D)goals, motivation, and resources.

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Definitions:

Deposit

A sum of money placed with a financial institution for safekeeping or to earn interest, often used to secure a financial obligation or as part of a financial transaction.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value, reflecting the time value of money.

Present Value

The present value is the present-day valuation of a future money sum or cash flow series, determined by a given rate of return.

Simple Interest

A method of calculating the interest charge on a loan or financial product based on the original principal amount and the rate of interest over a specific time period, without compounding.