An Initial Deposit of $5000 Grows at an Annual Rate

question 113

Short Answer

An initial deposit of $5000 grows at an annual rate of 8.9% for 5 years. Compare the final balances resulting from annual compounding and continuous compounding. Please round the answers to the nearest cent. $__________ from annual compounding. $__________ from continuous compounding.

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Definitions:

CS-US Relationship

The association between the conditioned stimulus (CS) and the unconditioned stimulus (US) in classical conditioning, leading to a learned response.

CS

CS can refer to Computer Science, which is the study of computers and computational systems.

Classical Conditioning

A conditioning procedure where two stimuli are frequently combined; subsequently, a response that initially occurs in response to the second stimulus comes to be evoked by just the first stimulus.

Experimental Extinction

The process by which a conditioned response is eliminated through repeated presentation of the conditioned stimulus without the unconditioned stimulus.