Zhenfu invested his savings in a bank certificate of deposit because that is where he has always put his savings,and because he is very concerned about the safety of his investment.Zhenfu knows at the end of two years he will have $52,546.73.He is operating under the decision-making condition known as risk.

Question

Quizplus · Accepted Answer

The decision-making condition Zhenfu is operating under is not risk, but rather certainty. He knows exactly how much money he will have at the end of two years, so there is no risk involved.

Zhenfu Invested His Savings in a Bank Certificate of Deposit