The Interest on $6,000 at 6% Compounded Semiannually for Eight

question 95

Multiple Choice

The interest on $6,000 at 6% compounded semiannually for eight years is (use table in the handbook) :

• A)$3,628.20
• B)$3,682.02
• C)$362.82
• D)$13,628.20
• E)None of these

---

Definitions:

Reflexively

Acting in an automatic or involuntary manner without conscious thought.

Conservation

In psychology, it refers to a child's ability to understand that quantities remain constant despite changes in their shape or arrangement, as elaborated by Jean Piaget. In environmental science, it pertains to the preservation and protection of natural resources.

Object Permanence

The concept that things continue to exist even when they are not visible, audible, or tangible.

Secure Attachment

A type of attachment characterized by trust, a sense of security, and positive relationships, typically developing from consistent caregiver responses in early childhood.