You Have $100 to Deposit

question 1

Multiple Choice

You have $100 to deposit. Bank A offers 20% simple interest, Bank B offers 15% interest compounded annually. How many years would you have to keep your money in the bank for Bank B to be a better choice than Bank A?

• A)Bank B is always better.
• B)4 years
• C)5 years
• D)6 years
• E)Bank B will never be better.

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Definitions:

Differential Emotions Theory

A psychological theory that suggests emotions are distinct constructs and that specific emotions are linked to specific bodily and facial expressions.

Inherently Adaptive

Describes traits or behaviors that naturally enhance an organism's ability to adjust to and survive in its environment.

Social Situations

Contexts involving interactions between individuals or groups.

Modified Emotions

Altered or adjusted feelings and emotional responses that may differ from the original or natural state.