If Money Is Invested for 3 Years , with Interest $( 1 + r )$

question 2

Multiple Choice

If money is invested for 3 years , with interest compounded annually, the future value of the investment varies directly as the cube of ( $( 1 + r )$ r) , where r is the annual interest rate. If the future value of the investment is $4499.46
When the interest rate is 4%, what rate gives a future value of $4244.83?

• A) 4%
• B) 2%
• C) 0.02%
• D) 20%

Grasp the historical development and significance of intelligence testing.

Comprehend the role of test standardization and norms in psychological assessment.

Appreciate the debate of nature vs. nurture in intelligence.

Learn about the relationship between test scores and performance (e.g., school grades, career aptitude).

---

Definitions:

Needs Hierarchy

A theory by Abraham Maslow that suggests human needs are arranged in a hierarchy from most to least pressing, influencing motivation and behavior.

Needs Cluster

A group of needs that are related or similar, often used in psychology to understand complex human motivations.

Needs Categories

The classification of human necessities and desires into a hierarchy or specific groupings, such as Maslow's hierarchy of needs.

ERG Theory

A motivational theory developed by Clayton Alderfer that outlines three core human needs: Existence, Relatedness, and Growth.