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Using Table 11-1 from Your Text, Calculate the Compound Amount

question 136

Short Answer

Using Table 11-1 from your text, calculate the compound amount and compound interest for the investment, rounding to the nearest cent.  Term of  Nominal  Interest  Compound  Compound  Principal  Investment  Rate  Compounded  Amount  Interest $84,000312 years 14% semiannually \begin{array} { l l l l l l } & \text { Term of } & \text { Nominal } & \text { Interest } & \text { Compound } & \text { Compound } \\\text { Principal } & \text { Investment } & \text { Rate } & \text { Compounded } & \text { Amount } & \text { Interest } \\\$84,000& 3 \frac { 1 } { 2 } \text { years } & 14 \% & \text { semiannually } &----- &-----\end{array}

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Divergent Intelligence

A cognitive trait characterized by the ability to think in varied, unique, and unconventional ways to solve problems.

Convergent Intelligence

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Organism's Behavior

The various movements, actions, and reactions of an organism in response to its environment, often aimed at survival and reproduction.

Learning

Relatively persistent or even permanent change in behavior that results from experience.

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