If $3,000 Is Deposited at the Beginning of Each Quarter

question 113

Multiple Choice

If $3,000 is deposited at the beginning of each quarter into an account that earns 7% compounded quarterly, how long until the account contains $37,000? Express your answer as a whole number of quadrants. ​

• A)13 quarters
• B)12 quarters
• C)14 quarters
• D)15 quarters
• E)9 quarters

---

Definitions:

Explicit Measures

Assessment techniques that directly and consciously assess attitudes, beliefs, or knowledge through self-report or overt behaviors.

Implicit Judgements

Evaluations or assessments made without conscious awareness, often based on automatic, quick processes stemming from prejudices or stereotypes.

Attitude Function

The psychological purpose that an attitude serves for an individual, such as ego-defensive or value-expressive functions.

Accessible

Easy to approach, reach, enter, or use by people of all abilities, including those with disabilities.