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The present value of $2,000 to be received nine years from today at 8% interest compounded annually is $1,000.40. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)
Negative Reinforcement
A type of learning where a behavior is strengthened because it is followed by the removal of an unpleasant stimulus.
Positive Reinforcement
A method in behaviorism that involves the addition of a rewarding stimulus following a desired behavior, with the aim of increasing the likelihood of that behavior being repeated.
Aversive Condition
A situation or stimulus that is unpleasant or uncomfortable and which an individual seeks to avoid or escape.
Negative Reinforcement
A behavioral psychology concept where the removal of an undesirable or negative stimulus strengthens a behavior.
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