A Project Has an Initial Investment of $100,000 and a Project

question 177

Multiple Choice

A project has an initial investment of $100,000 and a project profitability index of 0.15.The discount rate is 12%.The net present value of the project is closest to:

• A) $15,000
• B) $115,000
• C) $112,000
• D) $12,000

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Definitions:

Variable-Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed.

Fixed-Interval

Pertaining to a schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Unpredictable

The inability to be foreseen or predicted due to variability or randomness in behavior or events.

Specified

Clearly stated, described, or defined in detail.