When the Annual Interest Rate Stays the Same, More Frequent

question 86

True/False

When the annual interest rate stays the same, more frequent interest compounding helps savers earn more interest over the course of the year.

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Definitions:

Continuous Reinforcement

A learning process in operant conditioning where a behavior is rewarded every time it is performed.

Conditioned Reinforcement

A process in which a previously neutral stimulus becomes reinforcing through its association with a primary reinforcer.

Primary Reinforcement

A stimulus that is inherently rewarding for an individual, such as food, water, or relief from pain.

Latent Learning

The acquisition of knowledge that only becomes apparent when a person has an incentive to display it.