Colin Invested $27,000, Part at 16% and Part at 1

question 48

Short Answer

Colin invested $27,000, part at 16% and part at 1%. If the total interest at the end of the year is $3120, how much did he invest at each rate?

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Definitions:

Stimulus Generalization

The tendency of a learned response to occur in the presence of stimuli similar to the original stimulus that elicited the response.

Older-Looking Woman

Refers to a woman who appears to be older than her chronological age, due to factors such as physical features or styling.

Surprise

An emotional response to an unexpected event, which can range from mild to intense depending on the nature of the surprise.

Effective Conditioning

A process through which organisms learn to connect a specific stimulus to a particular response with efficiency.