What Is the Formula You Should Use to Determine a Bank

question 115

Multiple Choice

What is the formula you should use to determine a bank account's future value in one year?

• A)Future value equals the present value plus the rate of interest.
• B)Future value equals the present value minus the rate of interest.
• C)Future value equals the present value multiplied by one plus the rate of interest expressed as a decimal.
• D)Future value equals the present value divided by one plus the rate of interest expressed as a decimal.

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Definitions:

Shaping

A method of teaching new behaviors by using reinforcement until the target behavior is achieved, often through successive approximations.

Partial Reinforcement

A conditioning process in which a reward is not administered every time the desired action is performed, leading to more resistant behavior to extinction.

Classroom Answers

Refers to responses given by students or participants in an educational setting, usually in response to questions posed by teachers or instructors.

Negative Reinforcer

A stimulus whose removal or avoidance after a behavior increases the likelihood of that behavior occurring again in the future.