If You Begin Saving $2,000 a Year at 5% (From

question 9

Multiple Choice

If you begin saving $2,000 a year at 5% (from age 22 to age 30 or 9 years) , what will these funds grow to in this time period?

• A)$2,000
• B)$11,970
• C)$18,000
• D)$22,054
• E)$30,500

---

Definitions:

Self-reliance

The reliance on one's own powers and resources rather than those of others.

Temperament

The inherent part of an individual's personality, including mood, disposition, and adaptability.

Attachment Security

The degree of trust in the availability and responsiveness of one's attachment figures, often developed in early childhood.

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, spanning from birth to about 2 years of age, where infants learn about the world through their sensory impressions and motor activities.