Solve by Using Compound Table

question 14

Short Answer

Solve by using compound table:
$$\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Principal } & \text { Time } & \begin{array} { l } \text { Rate of } \\\text { Compound }\end{array} & \begin{array} { l } \text { When } \\\text { Compounded }\end{array} & \begin{array} { l } \text { \# of Periods to be } \\\text { Compounded }\end{array} & \begin{array} { l } \text { Total } \\\text { Amount }\end{array} & \begin{array} { l } \text { Total } \\\text { Interest }\end{array} \\\hline \$ 300 & 1 \text { year } & 6 \% & \text { Quarterly } & \text { A } & \text { B } & \text { C } \\\hline\end{array}$$

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Definitions:

Extrinsic Motivation

The drive to perform actions based on external rewards or to avoid negative outcomes, rather than for intrinsic satisfaction.

Intrinsic Motivation

The drive to engage in activities for their own sake, for the enjoyment or satisfaction derived from the activity itself, rather than for external rewards.

Tangible Rewards

Physical items or rewards given to individuals, often children or employees, as a way to acknowledge and reinforce positive behaviors or achievements.

Enjoyment

The state of taking pleasure or experiencing satisfaction from a certain activity, situation, or aspect of life.