The marshmallow test is the following: A succession of 5-year-olds sit at a table with cookies on it (the kids could pick their own treats). If they resist eating anything for 15 minutes, they get two cookies; otherwise, they just get one. Preschoolers who waited for the longest for the marshmallow went on to have higher SAT scores than the ones who couldnt wait. In later years they were thinner, earned more advanced degrees, used less cocaine, and coped better with stress. What discount rate does a kid have if he/she can resist eating anything for 15 minutes? Select an answer and submit.

a. high discount rate

b. low discount rate

c. high-interest rate

d. low-interest rate

e. No answer above is correct.