Find (Period Rate), (Number of Periods), and (Future Value) for the Information

question 150

Multiple Choice

Find (period rate) , (number of periods) , and (future value) for the information given. Fill in the table. }\\\begin{array} { c c c c c c c c } \text { Compounding } & P & r & t & n & i & N & A \\\text { Period } & \text { Present } & \text { Annual } & \text { Time } & & \text { Period } & \text { Number of } & \text { Future } \\& \text { Value } & \text { Rate } & & & \text { Rate } & \text { Periods } & \text { Value } \\\text { Semiannual } & \$ 600 & 6 \% & 3 \mathrm { yr } & ? & ? & ? & ?\end{array}\end{array}">$\begin{array}{l}\text { cellpadding="0" cellspacing } = " 0 " \text { width } = " 90 \% \text { " border="1"> }\\\begin{array} { c c c c c c c c } \text { Compounding } & P & r & t & n & i & N & A \\\text { Period } & \text { Present } & \text { Annual } & \text { Time } & & \text { Period } & \text { Number of } & \text { Future } \\& \text { Value } & \text { Rate } & & & \text { Rate } & \text { Periods } & \text { Value } \\\text { Semiannual } & \$ 600 & 6 \% & 3 \mathrm { yr } & ? & ? & ? & ?\end{array}\end{array}$

• A) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 2 3 6 $716.43
• B) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 2 3 6 $636.91
• C) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 3 6 9 $782.86
• D) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 2 6 9 $777.02
• E) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 6 2 3 $656.21

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Definitions:

Negative Reinforcement

A behavioral concept where the removal of an unfavorable outcome or stimulus strengthens a particular behavior.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, encouraging the subject to associate certain behaviors with certain outcomes.

Unconditioned Response

An unconditioned response is a naturally occurring response elicited by an unconditioned stimulus without the need for learning.

Classical Conditioning

A learning process in which a natural response becomes associated with a previously neutral stimulus through pairing.