Kitchi and Cosette Decide to Go Have Lunch on Sunday

question 1

Multiple Choice

Kitchi and Cosette decide to go have lunch on Sunday afternoon while they are studying in the library. They find that their dorm cafeteria, the university café, and the campus convenience store are all closed. Kitchi decides that he is hungry enough to walk a kilometre to eat off campus. Cosette decides that she is not that hungry. Kitchi and Cosette differ in the ____________ of their motivation to have lunch.

• A) energy
• B) persistence
• C) strength
• D) sincerity

---

Definitions:

Present Value

The current worth of a future sum of money or cash flows, given a specified rate of return.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing or the return on savings.

Present Value

The current financial value of a future financial sum or sequences of payments, assessed with a predefined rate of earnings.

Interest Rate

The cost of borrowing money or the return on savings, typically expressed as a percentage of the principal amount per year.