List the Basic Types of Reinforcement Schedules and Describe the Performances

question 32

Essay

List the basic types of reinforcement schedules and describe the performances that they are likely to produce.Include performance patterns,rates,and effects of persistence.

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Definitions:

2 ½ Years

A time period of two and a half years.

Compounded Annually

The process of adding interest to the principal sum of a loan or deposit once per year, resulting in an increase in the amount of interest earned over time.

Discount Rate

The interest rate used to determine the present value of future cash flows.

Promissory Notes

Written promises to pay a specified sum of money to a specified person at a specified time.