How Many Days Would It Take for $9,500 to Grow

question 46

Multiple Choice

How many days would it take for $9,500 to grow to $10,000 at 7%?

• A) 75
• B) 188
• C) 261
• D) 365
• E) 275

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Definitions:

Word-Superiority Effect

The cognitive phenomenon in which people have an easier time recognizing letters when they are part of a word rather than standing alone or in a non-word group.

Confabulation

A memory disturbance in which an individual produces fabricated, distorted, or misinterpreted memories about oneself or the world, without the intention to deceive.

Korsakoff's Syndrome

A long-term memory condition resulting from a significant shortage of thiamine (vitamin B1), commonly linked to excessive alcohol consumption.

Eyewitness Identification

A process in criminal justice systems where victims or witnesses identify suspects through line-ups, photo arrays, or show-ups.