A Deposit of $6,000 Saved in a CD for 10

question 139

Multiple Choice

A deposit of $6,000 saved in a CD for 10 years at 3% will be worth (select the closest answer)

• A) $7,340.
• B) $7,800.
• C) $8,040.
• D) $8,678.
• E) $9,005.

---

Definitions:

Controlled Processing

The carrying out of a cognitive task with a deliberate allocation of cognitive resources. Typically, controlled processing occurs on difficult and/or unfamiliar tasks requiring attention and is under conscious control.

Routine Tasks

Repetitive and predictable activities that require minimal cognitive effort to complete.

Right Parietal Lobe

A region of the brain associated with processing visual information and spatial orientation.