Tiffany Scott Puts $10,000 into a Load Mutual Fund

question 139

Multiple Choice

Tiffany Scott puts $10,000 into a load mutual fund.She knows that her up-front sales commission is 6%.How much of her money actually goes to buy shares in the mutual fund?

• A)$10,000
• B)$9,400
• C)$600
• D)$10,600
• E)$950

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Definitions:

Motivated Forgetting

A theory suggesting that individuals may unconsciously forget memories which are troubling or traumatic.

Repression

A defense mechanism in which distressing thoughts, memories, or desires are excluded from conscious awareness.

Encoding Failure

A phenomenon where the brain fails to create a memory link to information, leading to its forgetting.

Memory Decay

The fading or weakening of memories over time, especially if they are not retrieved or rehearsed.