Congratulations! You Have Been Accepted to Study Gourmet Cooking at the Cordon-Bleu

question 134

Multiple Choice

Congratulations! You have been accepted to study gourmet cooking at the Cordon-Bleu Cooking School in Paris.You will need $10,000 every 6 months (beginning today) for the next three years to cover tuition and living expenses.Mom and Dad have agreed to pay for your education,and want to make one deposit today in a bank account earning 6% interest,compounded semi-annually.How much must they deposit now so that you can withdraw $10,000 at the beginning of each semester over the next 3 years?

• A) $54,172
• B) $55,797
• C) $57,422
• D) $56,604

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Definitions:

Dopamine

A neurotransmitter in the brain that plays a major role in reward-motivated behavior, pleasure, and regulation of movement.

Impulses

Sudden, involuntary urges to act or behave in a certain way, often without forethought.

Ghrelin

A hormone produced in the stomach that stimulates appetite, signaling the brain to increase food intake.

Leptin

A hormone produced by fat cells in the body that helps to regulate body weight by inhibiting hunger and thereby reducing food intake.