How Much Would Be in Your Savings Account in 12

question 45

Multiple Choice

How much would be in your savings account in 12 years if you deposited $1,500 today? Assume the bank pays 5% per year.

• A) $2,387.12
• B) $2,491.03
• C) $2,693.78
• D) $2,771.09

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Definitions:

Beliefs

Convictions or acceptance that certain things are true or real, often without empirical evidence.

Attitudes

Psychological constructs depicted as evaluations of particular things with degree positivity or negativity, affecting an individual's actions and responses.

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable.

Cultural Evolution

The process whereby cultures develop and propagate according to systems of belief or behavior that contribute to the success of a society.