Lisa Richter Deposited $5,000 at 4% Compounded Semiannually for Three

question 38

Multiple Choice

Lisa Richter deposited $5,000 at 4% compounded semiannually for three years. At the beginning of the fourth year, Lisa deposited $2,500. What would her balance be at the end of five years assuming she is still earning 4% compounded semiannually?

• A)$5,131
• B)$8,131
• C)$8,800
• D)$8,800.99
• E)None of these

Understand the principles and techniques of cognitive therapy.

Identify cognitive distortions and strategies for cognitive restructuring.

Differentiate between cognitive therapy and other therapeutic modalities.

Apply concepts of cognitive therapy to clinical scenarios.

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Definitions:

Social Media

Digital platforms that allow users to create, share, or exchange information, ideas, and pictures/videos in virtual communities and networks.

Peers Influence

Refers to the impact that peers, or individuals within the same social group, can have on one’s attitudes, values, and behaviors.

Emerging Adulthood

A phase of life between adolescence and full-fledged adulthood, which encompasses late teens through early twenties, characterized by exploration and self-discovery.

Life Phase

A period or stage in the existence of an organism or entity, often marked by distinct characteristics or conditions.