According to the Rule of 72, a Savings Account with an Interest

question 120

Multiple Choice

According to the rule of 72, a savings account with an interest rate of 12 percent will double in value in approximately:

• A)3 years.
• B)6 years.
• C)8.5 years.
• D)10 years.

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Definitions:

Bodily Structures

The physical and anatomical parts and systems that make up a living organism.

Structuralism

A school of thought in psychology that analyzes the basic elements of human thought and perception, seeing the mind as a structure made up of interconnected parts.

Consciousness

The state of being aware of and responsive to one's surroundings; a person's subjective experience of the world and mind.

Behaviourist

A psychologist who studies and interprets behavior as a function of environmental histories of reinforcing consequences.