Dale Invests $500 in an Account That Pays 6% Simple

question 59

Multiple Choice

Dale invests $500 in an account that pays 6% simple interest. How much more could he have earned over a thirty year period if the interest had compounded annually?

• A) $1,471.75
• B) $1,532.50
• C) $1,621.25
• D) $1,804.25
• E) $2,371.75

Understand the optimal management approaches towards workers of varying demographics.

Define the role and nature of contingent workers within the employment landscape.

Examine the disparities in employment rates among different racial groups.

Understand the principles and practices of managing diversity and the political-legal environment impacting businesses.

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Definitions:

Conditioning Stimuli

External or internal cues that, through learning, lead to conditioned responses in behavioral psychology.

Process Information

The act of taking in, interpreting, and making sense of information, which can involve perception, understanding, and retention of data.

Sleep

A natural, recurring state of rest for the mind and body, characterized by altered consciousness, reduced muscle activity, and inhibition of nearly all voluntary muscles during rapid eye movement (REM) stages.

Operant Conditioning

A method of learning that uses rewards and punishments to modify behavior.