How Many Years Would It Take $50 to Triple If

question 22

Multiple Choice

How many years would it take $50 to triple if it were invested in a bank that pays 3.8% per year?

• A)25.26
• B)26.58
• C)27.98
• D)29.46

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Definitions:

Marbles

Small, spherical objects often made of glass, clay, or plastic, used as toys in various games or as collectible items.

Opponent-Process Theory

A psychological and neurological model that explains how humans perceive colors as opposite pairs and why strong emotions are often followed by opposite emotions.

Bottom-Up Processing

Bottom-up processing refers to the processing of sensory information as it is coming in; in other words, if I flash a random picture in front of you, you process the picture from the details to the whole.

Sensory Adaptation

The process by which a person becomes less sensitive to stimuli from their environment after prolonged exposure.