What's the Present Value of a 4-Year Ordinary Annuity of $2

question 155

Multiple Choice

What's the present value of a 4-year ordinary annuity of $2, 250 per year plus an additional $3, 000 at the end of Year 4 if the interest rate is 5%?

• A) $8, 509
• B) $8, 957
• C) $9, 428
• D) $9, 924
• E) $10, 446

Distinguish between primary and secondary reinforcers and their effects on behavior.

Recognize the importance of timely and contingent reinforcement.

Apply the concepts of reinforcement to practical scenarios in organizational behavior.

Analyze the effectiveness of different types of reinforcers within the context of employee management.

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Definitions:

Private Education

Education provided by entities that are not funded or operated by the government, often requiring the payment of fees.

Public Education

An education system that is provided by the government, funded by taxpayers, and accessible to all children in a society.

Homeschooling

A method of education where children are taught at home by their parents or tutors, rather than in a traditional public or private school setting.

Family Income

The total monetary earnings or revenue generated by all members of a single household, contributing to the family's overall economic status.