If You Receive $15,000 Today and Can Invest It at a 5

question 2

Multiple Choice

If you receive $15,000 today and can invest it at a 5% annual rate compounded continuously,what will be your ending value after 20 years?

• A)$38,735.52
• B)$40,774.23
• C)$42,812.94
• D)$44,953.59
• E)$47,201.27

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Definitions:

Sensitization

An increase in behavioral response after exposure to a stimulus, typically due to the repeated administration of a particular stimulus.

Time

The ongoing and unending sequence of occurrences and existence across the past, present, and future, viewed collectively.

Sensitization

The process in which a repeated exposure to a stimulus results in an increased response to that stimulus over time.

Habituation

The process of becoming accustomed to a stimulus after repeated exposure, leading to a decrease in responsiveness.