Every Leap Year You Get a Bonus of $20 000

question 51

Multiple Choice

Every leap year you get a bonus of $20 000, which you put into a retirement account at 5% interest. If your first payment into the account is made in four years time, and you put no other money into the account, how long will it be before you can retire with a million dollars?

• A)36
• B)40
• C)44
• D)48
• E)52

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Definitions:

Mainstream Ideologies

The dominant set of beliefs, values, and norms that are widely accepted and circulated within society.

Alternative Views

Perspectives or opinions that diverge from the mainstream or commonly accepted ones.

Taken-For-Granted Ideologies

Refers to widely accepted beliefs or assumptions that are seldom questioned or critically examined.

Hegemony

The dominance of one group over others, politically, socially, economically, or culturally, often maintained through consensual power dynamics and ideology.