Present Value of 1 Future Value of 1

question 41

Short Answer

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 The future value of an ________________ annuity is the accumulated value of each annuity payment with interest as of the date of the final payment.

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Definitions:

Variable-ratio Schedule

In operant conditioning, it is a reinforcement strategy where a response is rewarded after an unpredictable number of responses, leading to high and steady response rates.

Successive Approximation

A method used in behavior therapy to gradually achieve a target behavior through small steps towards the goal.

Fixed-interval Scheduling

A type of operant conditioning reinforcement schedule where rewards are given after a fixed time period, causing a scalloped pattern of response rates.

Discrimination

refers to the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.