The Interest Factor for the Present Value of a Single

question 62

True/False

The interest factor for the present value of a single amount is the inverse of the future value interest factor.

---

Definitions:

Escape Responding

A behavior modification strategy where the subject learns to avoid or escape an unpleasant stimulus.

Classical Conditioning

A process whereby education happens through the pairing of a naturally occurring stimulus with one that is environmental.

Positive Reinforcement

A process in behavior analysis in which a desirable stimulus is presented after a behavior, increasing the likelihood of the behavior being repeated.

Fixed-Interval

A type of reinforcement schedule in operant conditioning where the first response is rewarded only after a specified amount of time has elapsed.