Marc Lewis Expects an Investment of $25,000 to Return $6,595 $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

question 65

Multiple Choice

Marc Lewis expects an investment of $25,000 to return $6,595 annually.His investment is earning 10% per year.How many annual payments will he receive? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

• A)Three payments
• B)Five payments
• C)Six payments
• D)Four payments
• E)More than six payments

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Definitions:

Radical Behaviorists

Scholars who adhere to a strict form of behaviorism, emphasizing observable behaviors over internal phenomena like thoughts or emotions.

Observable Behaviors

Actions or reactions of individuals or systems that can be directly seen or measured.

Pragmatists

Thinkers or philosophers who judge the truth of theories or beliefs in terms of the success of their practical application.

Subconscious

The part of the mind that is not fully aware but influences actions and feelings.