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Sally Would Like to Take an Extra Special Trip in Four

question 56

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Sally would like to take an extra special trip in four years. She estimates she will need $10,000 for the trip. The best safe investment she can find currently pays 4% interest. How much must she invest today to have her $10,000 in four years? Round your answer to a while number.


Definitions:

Tactile Stimulation

The application of touch or physical contact to stimulate sensory receptors in the skin, promoting emotional and physical health.

Reinforcement

Reinforcement is a process in behavioral psychology where a behavior is strengthened by a consequence, making it more likely the behavior will be repeated.

Innate Releasing Mechanisms

Built-in neurological patterns that respond to specific stimuli, triggering an instinctive behavior in animals and humans.

Infant Behavior

The range of actions and mannerisms exhibited by newborns and babies, including ways of communicating and learning during the early stages of development.

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