One Point on a $80,000 Loan for the Purchase of a $110,000

question 81

Multiple Choice

One point on a $80,000 loan for the purchase of a $110,000 home would equal

• A)$100.
• B)$800.
• C)$1,000.
• D)$1,100.

---

Definitions:

Instrumentality

The quality of being useful or instrumental in achieving a goal or purpose.

Valence

In motivational theory, the value an individual places on the rewards of an outcome, which affects their motivation to work.

Performance

The act of carrying out an activity or fulfilling a task with a certain level of efficiency and effectiveness, often measured against pre-established standards.

Self-efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance achievements.