By Quitting Smoking,Lisa Could Save $350 Per Month in an Account

question 4

Multiple Choice

By quitting smoking,Lisa could save $350 per month in an account with an effective rate of interest at 8.75%.How long will it take her to accumulate $100,000?

• A) 13.1 years
• B) 15.2 years
• C) 12.8 years
• D) 14.2 years

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Definitions:

Classes

Groups or categories into which objects, ideas, or people are divided based on shared characteristics or attributes.

Aversion Therapy

A behavior therapy in which an aversive stimulus is paired with a harmful or socially undesirable behavior until the behavior becomes associated with pain or discomfort.

Undesirable Behavior

Actions or reactions that are not wanted or considered negative in a particular context.

Unpleasant Consequence

A negative outcome or punishment that follows an undesired behavior, used to decrease the likelihood of that behavior occurring again in the future.