$2,100 Is Invested for 6 Months in a Savings Account

question 92

Multiple Choice

$2,100 is invested for 6 months in a savings account with a rate of 7.5% simple interest per year.
Find the interest.

• A)$787.50
• B)$78.75
• C)$9,450.00
• D)$945.00

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Definitions:

Wilhelm Wundt

Known as the father of experimental psychology, he founded the first formal laboratory for psychological research at the University of Leipzig in 1879.

Biopsychosocial Perspective

An interdisciplinary model that examines human health and disease across biological, psychological, and social factors.

Evolutionary Perspective

An approach in psychology that emphasizes the role of evolution and natural selection in shaping behaviors, traits, and psychological mechanisms.

William James

An American philosopher and psychologist, often considered the father of American psychology, who made significant contributions to early psychology and philosophy.