Provide an Appropriate Response

question 14

Essay

Provide an appropriate response.
-If interest is compounded monthly at 8% per year for 10 years, explain how to find the number of compounding periods and the interest rate per compounding period.

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Definitions:

Precognition

The alleged psychic ability to see or know about events before they happen.

Kinesthesia

The sense of movement and body position, often referred to as muscle memory or the ability to feel movements of the limbs and body.

Precognition

The purported psychic ability to see or know about events before they happen, which remains a controversial and largely scientifically unproven concept.

Psychokinesis

Is the supposed ability to move or manipulate objects with the mind without physical interaction.