Anna Has $60,000 to Invest

question 86

Multiple Choice

Anna has $60,000 to invest.She requires $100,000 for a down payment for a house.If she is able to invest at 6%, how many years will it be before she will accumulate the desired balance?

• A)6 years.
• B)7 years.
• C)8 years.
• D)9 years.

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Definitions:

Psychodynamic

A psychological method focusing on the detailed examination of the underlying psychological dynamics influencing human actions, emotions, and sentiments, and their connection to early life experiences.

Generalized Anxiety Disorders

A mental health disorder characterized by excessive, uncontrollable worry about everyday things, affecting daily functioning.

DSM-5 Diagnosis

is the process of identifying mental disorders using the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification system.

Irrational Fear

An excessive and unreasonable fear response to a particular object, situation, or activity, often leading to avoidance behaviors.