You Need Some Money Today and the Only Friend You

question 85

Multiple Choice

You need some money today and the only friend you have that has any is your 'miserly' friend.He agrees to loan you the money you need,if you make payments of $20 a month for the next six months.In keeping with his reputation,he requires that the first payment be paid today.He also charges you 1.5 percent interest per month.How much total interest does he expect to earn?

• A)$3.94
• B)$4.35
• C)$1.34
• D)$3.63
• E)$5.96

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Definitions:

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that satisfies a basic biological need.

Punishment

A consequence aimed at reducing a particular behavior, often used as a behavioral modification technique.

Antecedent

An event or condition that precedes and triggers a behavior or response, often studied in behaviorism to understand and modify behavior.

Aversive Control

A behavioral control technique involving the use of unpleasant stimuli to influence the occurrence of certain behaviors.