You Are Going to Put $4,000 into a Savings Account

question 47

Essay

You are going to put $4,000 into a savings account every six months starting Sept 1,2010 and ending on March 1,2014.How much will be in the savings account on March 1,2014 if you can earn a 6% annual rate?

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Definitions:

Social Approval

The act of seeking or gaining acceptance, validation, or positive recognition from others within a social context.

Hypothalamus

A small but crucial part of the brain involved in many functions, including hormone release, regulation of body temperature, and hunger control.

Physical Needs

Basic requirements for human survival, such as food, water, shelter, and sleep.

Hyperphagic

Characterized by excessive eating.