How Long Will It Take $3,000 to Reach $5,000 When

question 124

Multiple Choice

How long will it take $3,000 to reach $5,000 when it grows at 7 percent per year?

• A) 7.00 years
• B) 7.55 years
• C) 9.52 years
• D) 10.29 years

---

Definitions:

Thunder

The loud sound that follows a flash of lightning, caused by the rapid expansion of heated air in the atmosphere.

Cognitive Processes

The mental activities involved in the acquisition, processing, and storage of knowledge, such as perception, memory, and reasoning.

Incorrect Answers

Responses or solutions that do not accurately address or solve the question or problem at hand.

Time-Out

A behavior-modification technique in which a child who misbehaves is temporarily removed from positive reinforcement.