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Riegal Built Upon Piaget's Stage Theory by Adding a Stage

question 59

Multiple Choice

Riegal built upon Piaget's stage theory by adding a stage to represent wisdom. What was the name of this stage?


Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment based on a simple interest rate, without the compounding factor.

360-Day Year

An accounting approximation that treats all months as having 30 days, used in calculating interest with a simplified approach.

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or deposit, based on a simple interest rate over a specified period.

360-Day Year

A simplified calculation method used in finance, assuming a year consists of 360 days for the purpose of interest calculation.

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