The Future Value of a Deposit in a Savings Account

question 188

Multiple Choice

The future value of a deposit in a savings account will be larger

• A)the less a person waits to withdraw the funds.
• B)the smaller the risk is.
• C)the lower the interest rate is.
• D)the larger the initial deposit is.

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Definitions:

Barbiturates

A class of sedative and sleep-inducing drugs derived from barbituric acid, often used for their anxiolytic, hypnotic, and anticonvulsant properties.

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A chronic disorder characterized by excessive, uncontrollable worry about a variety of topics, leading to significant distress or impairment in social, occupational, or other important areas of functioning.

Psychodynamic

Refers to a psychological approach that emphasizes systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Humanistic

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual's experience.