Abby Wants to Have $20, 000 Available in August 2015

question 1

Multiple Choice

Abby wants to have $20, 000 available in August 2015 to make a college tuition payment.To be able to have this amount available, Abby will have to make equal annual deposits in an investment earning 12% annually in August 2011, 2012, 2013, 2014, and 2015 in the amount of

• A)$5, 548
• B)$4, 954
• C)$4, 000
• D)$3, 148

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Definitions:

Learned Behaviors

are actions or reactions developed through experience or conditioning, contrasting with behaviors that are instinctual or innate.

Classical Conditioning

A learning strategy that consists of continuously pairing two stimuli; the reaction that is at the beginning evoked by the second stimulus, is eventually evoked by the first stimulus singularly.

Negative Reinforcement

A process in behavior modification where the removal of an undesirable or unpleasant stimulus strengthens or increases the likelihood of a behavior.

Spontaneous Recovery

The reappearance of a conditioned response after a period of lessened response.