Solve the Problem $14 \mathrm { yr }$ B) $12 \mathrm { yr }$

question 54

Multiple Choice

Solve the problem.
-How long must $5700 be in a bank at 5% compounded annually to become $10,748.20? (Round to the nearest year.)

• A) \(14 \mathrm { yr }\)
• B) \(12 \mathrm { yr }\)
• C) \(13 \mathrm { yr }\)
• D) \(15 \mathrm { yr }\)

---

Definitions:

Anger Displacement

A defense mechanism where feelings of anger are redirected from the original source to a safer or more acceptable target.

Parents' Influence

The impact that parental behavior, beliefs, and practices have on the development and growth of their children.

Children's Personalities

The combination of emotional, attitudinal, and behavioral response patterns of an individual child, which develops over time.

Freudian Psychoanalyst

A mental health professional who practices psychoanalysis based on the theories and methods of Sigmund Freud, focusing on unconscious processes.