Your Employer Contributes $25 a Week to Your Retirement Plan

question 77

Multiple Choice

Your employer contributes $25 a week to your retirement plan. Assume that you work for your employer for another twenty years and that the applicable discount rate is 5%. Given these assumptions,what is this employee benefit worth to you today?

• A) $13,144.43
• B) $15,920.55
• C) $16,430.54
• D) $16,446.34
• E) $16,519.02

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Definitions:

Punishment

A method used to reduce or eliminate undesired behaviors by applying an unpleasant stimulus or removing a pleasant one in response to the behavior.

Withdrawal of Attention

The process by which individuals stop focusing their attention on a particular stimulus or task, leading to a decrease in the perceived importance or relevance of the stimulus.

Observational Learning

A learning process through which behaviors are acquired by observing and imitating others.

Punishment

The imposition of a penalty as retribution for an offense or undesirable behavior.