Write the Word or Phrase That Best Completes Each Statement

question 28

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-John Forgetsalot deposited $100 at a 3% annual interest rate in a savings account fifty years ago, and then he
promptly forgot he had done it. Recently, he was cleaning out his home office and discovered the forgotten
bank book. How much money is in the account?

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Definitions:

Cognitive Dissonance Theory

A psychological theory that suggests that individuals experience discomfort (dissonance) arising from inconsistent attitudes, beliefs, or behaviors and are motivated to reduce this discomfort by changing their attitudes, beliefs, or actions.

Severe Initiations

The concept that undergoing difficult or intense initiation processes can increase individuals' valuation and commitment to a group.

Painful Initiations

Rituals or rites of passage that involve undergoing discomfort or pain as a means of gaining entry into a group or society.

Questionable Act

Pertains to actions or behaviors that raise doubt regarding their morality, ethics, or legality, often eliciting scrutiny or criticism.