Anastasia Has Just Looked Up a New Phone Number

question 174

Multiple Choice

Anastasia has just looked up a new phone number. While dialling the number, she rehearses it to keep it in her

• A) short-term memory
• B) sensory memory.
• C) intermediate memory.
• D) long-term memory.

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Definitions:

Future Value

The estimated amount of money an investment will grow to over a specified period of time, based on a projected rate of interest or growth rate.

Annuity

An investment vehicle offering a consistent series of disbursements to a person, commonly utilized as a revenue source for those in retirement.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, used in discounted cash flow analysis.

Reliability Questions

Inquiries aimed at verifying the accuracy and dependability of information or responses.