Use the Information for the Question(s)below

question 52

Multiple Choice

Use the information for the question(s) below.
Suppose that a young couple has just had their first baby,a daughter,and they wish to ensure that enough money will be available to pay for her college education.Currently,college tuition,books,fees,and other costs,average $12,500 per year.On average,tuition and other costs have historically increased at a rate of 4% per year.
-Assuming that costs continue to increase an average of 4% per year,tuition and other costs for one year for this student in 18 years when she enters college will be closest to:

• A)$12,500.
• B)$21,500.
• C)$320,568.
• D)$25,323.

---

Definitions:

Personnel Psychologists

Psychologists specialized in the study of workplace behavior, focusing on employee recruitment, selection, performance, and training.

Operant Conditioning

A paradigm in learning where the expression of a behavior is directed by securing rewards or enacting punishments.

360-Degree Feedback

A performance appraisal method that gathers feedback from a worker's supervisors, peers, subordinates, and sometimes clients.

Task Leadership

A style of leadership that focuses primarily on the accomplishment of tasks and objectives, ensuring that team members have clear roles and goals.