If the Value of the Principal Today Is $10,000 and the Interest

question 31

Multiple Choice

If the value of the principal today is $10,000 and the interest rate is 21.22%,what is the total compound interest income at the end of six years?

• A)$21,728.22
• B)$25,567.43
• C)$20,000.54
• D)$45,067.22
• E)None of the above.

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Definitions:

Fixed-interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Negative Reinforcer

A stimulus whose removal or avoidance following a behavior increases the likelihood of that behavior being repeated in the future.

Increases

A process or action that causes something to become larger, more numerous, or more significant.

Decreases

The act or process of becoming smaller or fewer in size, amount, intensity, or degree.