The Table Shows a Series of Deposits at Different Dates

question 16

Multiple Choice

The table shows a series of deposits at different dates into a savings account. If the account pays 10.5% interest (compounded annually) , what is their future value at year 6? $$\begin{array} { | c | c | } \hline \text { Year } & \text { Cash Flow } \\\hline 1 & \$ 35,000 \\\hline 2 & \$ 7,000 \\\hline 3 & \$ 13,000 \\\hline 4 & \$ 15,000 \\\hline 5 & \$ 5,000 \\\hline\end{array}$$

• A)$109,477.35
• B)$99,074.53
• C)$75,000.00
• D)$107,569.55
• E)$97,790.50

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Definitions:

Cue

A signal or stimulus that triggers a response or guides behavior in a particular direction.

Stimulus Discrimination

The ability to distinguish between similar stimuli and respond differently based on recognition of differences, significant in learning and decision-making processes.

Selective Comprehension

The cognitive process where an individual interprets information in a manner that aligns with their beliefs or knowledge, ignoring contradictory evidence.

Stimulus Generalization

The psychological phenomenon where a response conditioned to a specific stimulus also triggers similar responses to related stimuli.