A Certain Piece of Machinery Was Purchased 4 Year(s) Ago

question 45

Multiple Choice

A certain piece of machinery was purchased 4 year(s) ago by Garland Mills for $400,000. Its present resale value is $256,000. Assuming that the machine's resale value decreases exponentially, what will it be 2 year(s) from now?

• A) The resale value of the machinery will be $204,789
• B) The resale value of the machinery will be $204,911
• C) The resale value of the machinery will be $204,800
• D) The resale value of the machinery will be $203,689

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Definitions:

Potentialities

Capabilities or possibilities that may come into being or action; latent qualities or abilities that may be developed.

Humanistic Approach

An approach to psychology that emphasizes empathy and stresses the good in human behavior, focusing on the individual's potential and stressing the importance of growth and self-actualization.

Self-Centeredness

A personality characteristic involving an excessive focus on oneself and one's own needs, often neglecting others.

Narcissism

A psychological condition characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, and a lack of empathy for others.