Tracy Invested $\$ 6000$ At an Interest Rate Of $3 \%$ For 2 Years, Where the Interest Was Compounded Semiannually

question 9

Multiple Choice

Tracy invested $\$ 6000$ at an interest rate of $3 \%$ for 2 years, where the interest was compounded semiannually. If $A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$ calculate the accumulated amount.

• A)$636.82
• B)$12,736.36
• C)$6,368.18
• D)$25,472.73

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Definitions:

Classical Conditioning

A psychological process through which associations between a previously neutral stimulus and a naturally occurring stimulus are learned, leading to a learned response.

Premack Principle

A principle of reinforcement which states that a more probable behavior can reinforce a less probable behavior.

Law of Effect

A psychological principle stating that behaviors followed by satisfying consequences tend to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Cognitive Model

A theoretical approach that explains psychological phenomena by emphasizing mental processes, including perception, memory, and thought.