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Suppose you were a subject in Milgram's experiment on obedience, but for some reason, you were never debriefed. In other words, you were never told that the other person in the experiment was a confederate who didn't really receive the electric shocks you delivered. Suppose that the next day you ran into the other person at the college coffee shop. All other things being equal, how would you feel about that person if (a) you had gone all the way in delivering shocks to him or her? (b) you had disobeyed the experimenter and refused to continue after delivering only a few mild shocks? Support your answer with relevant research and theory.
Stated Rate
The annual interest rate of a bond or loan without adjusting for compounding or other factors, often differing from the effective rate or annual percentage rate (APR).
Annual Percentage Rate
The annual rate charged for borrowing or earned through an investment, which represents the actual yearly cost over the term of a loan.
Effective Annual Rate
The interest rate on an investment or loan that is annualized and takes compounding into account, providing a full picture of the annual interest.
Effective Annual Rate
The real interest rate a savings account, loan, or investment earns, once compounding has been taken into consideration.
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