If You Invest $100 at 12 Percent for Three Years

question 16

Multiple Choice

If you invest $100 at 12 percent for three years, how much would you have at the end of three years using compound interest?

• A)$136
• B)$140.49
• C)$240.18
• D)$173.18

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Definitions:

Subjective Norms

An individual's perception of social pressure to perform or not perform a particular behavior.

Anti-consumerists

Individuals or movements that oppose consumerism, advocating for reduced consumption and emphasizing values that are not centered around material goods.

Culture Jammers

Activists who aim to disrupt or subvert media culture and the advertising industry, often by altering messages or imagery to challenge consumerism.

Mere Ownership Effect

A phenomenon where people value an object more highly simply because they own it.