According to Paul Baltes and His Colleagues, Which of the Following

question 28

Multiple Choice

According to Paul Baltes and his colleagues, which of the following is an effective optimization strategy?

• A) To reach a particular goal, you may need to abandon other goals.
• B) Persevere and keep trying until you reach your goal.
• C) When things do not go as well as in the past, keep trying other ways until you can achieve results that are similar to what you accomplished earlier in your life.
• D) Think about what you want in life and commit yourself to one or two major goals.

---

Definitions:

Ordinary Interest

Interest calculated based on a 360-day year, typically used in banking and finance for loans and savings.

Total Amount

The aggregate or final sum of various components, such as the total cost, payment, or investment value.

Exact Interest

A method of calculating interest based on a 365 or 360-day year, often used in banking and finance to determine the amount due on loans or investments.

365-Day Year

A convention used in interest calculations assuming a full year consists of 365 days.