Faisal Has $15,000 in His Savings Account and Can Save

question 40

Multiple Choice

Faisal has $15,000 in his savings account and can save an additional $5000 per year.If interest rates are 12%,how long will it take his savings to grow to $50,000?

• A)2 years
• B)3 years
• C)4 years
• D)5 years

---

Definitions:

Conversion Symptom

A physical manifestation of a psychological conflict, causing symptoms affecting voluntary motor or sensory functioning, such as paralysis or blindness, without a medical cause.

Numbness

A sensation of loss or reduction in the ability to feel touch or sensation, typically affecting a part of the body.

Fingertips

The distal extremity of the fingers, containing dense areas of touch receptors and playing a crucial role in tactile sensation.

Biofeedback Training

A therapy technique that teaches individuals to control physiological processes such as heart rate or muscle tension by providing real-time feedback.