Problem-Solving Strategies That Reduce the Number of Steps Necessary to Solve

question 238

Multiple Choice

Problem-solving strategies that reduce the number of steps necessary to solve a problem are called

• A) semantic differentials.
• B) mechanical solutions.
• C) heuristics.
• D) trial-and-error strategies.

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Definitions:

Future Value

Future worth of cash or an asset that is akin in value to a nominated sum in the present.

Annually

Pertaining to events or actions that occur once every year.

Present Value

The present worth of a future sum of money or sequence of cash payments, reduced at a particular rate of interest.

PV

An abbreviation for present value, referring to the value today of a future payment or series of payments, adjusted for a specific rate of return.