Justin Invests $4,000 in a Savings Account for Two Years

question 21

Multiple Choice

Justin invests $4,000 in a savings account for two years. The account pays 2% interest compounded annually. How much money will be in the account at the end of the second year?

• A) $4,161.60
• B) $4,160.00
• C) $4,080.00
• D) $1,161.60

Recognize the different research methods used in psychology.

Understand the role of psychologists and where they typically work.

Interpret the significance of case studies and their contributions to psychological research.

Apply psychological principles to explain human behavior in specific contexts.

---

Definitions:

Sole Practitioner

A professional, especially in fields like law or medicine, who operates their practice alone without partners or associates.

Referral Scenarios

Situations or cases where a professional identifies that a client may benefit from specialized services or support not provided by the current professional, leading to a referral to another professional or service.

Potential Danger

A situation or condition that could possibly cause harm or adverse effects.

Vicarious Trauma

Trauma experienced indirectly, through exposure to details of traumatic events affecting others, often observed in professionals working with trauma victims.