Your Department at Work Places $10,000 Every Year-End into an Account

question 22

Multiple Choice

Your department at work places $10,000 every year-end into an account earning 5%. The money is used when the corporate office fails to fully finance your profitable projects. The money has not been touched since a deposit was made exactly five years ago. If the most recent deposit was made today, how much money is currently in the account?

• A) $55,256.31
• B) $60,000
• C) $65,256.31
• D) $68,019.13

---

Definitions:

Unambiguous Stimuli

These are stimuli that are clear and unmistakable in their properties, leaving little room for misinterpretation.

Solomon Asch

A psychologist known for his research on conformity, particularly his experiments demonstrating how individuals often conform to group opinions even when they are incorrect.

Being Social

Engaging in activities or behaviors that involve interaction with others, generally with the intent of building relationships, sharing experiences, or fulfilling social needs.

Praxis

The process by which a theory, lesson, or skill is enacted or practiced, particularly in a real-world context.