Lucretia Puts $400 into an Account When the Interest Rate

question 89

Multiple Choice

Lucretia puts $400 into an account when the interest rate is 10 percent.Later she checks her balance and finds it's worth about $708.62.How many years did she wait to check her balance?

• A)5 years
• B)6 years
• C)7 years
• D)8 years

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Definitions:

Vygotsky

Lev Vygotsky, a Russian psychologist known for his theory on social development, emphasizing the influence of social interaction on cognitive development.

Piaget

A Swiss developmental psychologist and philosopher known for his epistemological studies with children, Piaget's theory of cognitive development posits that children move through four stages of mental development.

Social And Cultural Contexts

The environments, practices, and beliefs that influence individuals' behaviors, attitudes, and experiences.

Object Permanence

Object permanence is the cognitive understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.