If You Deposit $100 into an Account That Pays 5

question 25

Essay

If you deposit $100 into an account that pays 5% APR simple interest, what would be the
value in the account after 30 years?

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Definitions:

Extinction

In behavioral psychology, the gradual decrease and eventual elimination of a conditioned response when it is no longer reinforced.

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, comes to elicit a conditioned response.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without previous conditioning or learning.