Older Adults Have a Harder Time Recognizing a Street Sign

question 61

Multiple Choice

Older adults have a harder time recognizing a street sign than younger adults,because they have:

• A)a decline in explicit memory.
• B)slower perceptual speed.
• C)inferior semantic memory.
• D)lost the ability to use their working memory.

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Definitions:

Cash Payback Period

The period of time required for the cash inflows from a capital investment project to equal the cash outflows, typically used as a measure of a project's liquidity.

Annual Net Cash Flows

The total amount of cash generated or spent by a business in a given year after all expenses and revenues.

Internal Rate of Return

A method used in capital budgeting to estimate the profitability of potential investments, calculated as the rate of return where the net present value of all cash flows is zero.

Present Value of Annuity

The current worth of a series of future cash flows, adjusted for interest, often used in calculating loans and investments.