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If Money Is Invested at 8% Per Year, After Approximately

question 2

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If money is invested at 8% per year, after approximately how many years will the interest earned be equal to the original investment?


Definitions:

Rehearsal

The practice of repeatedly going over information or skills to embed them in memory or improve proficiency.

Acquisition

In classical conditioning, the initial stage, when one links a neutral stimulus and an unconditioned stimulus so that the neutral stimulus begins triggering the conditioned response. In operant conditioning, the strengthening of a reinforced response.

Encoding

The process of getting information into the memory system—for example, by extracting meaning.

Recognition

A measure of memory in which the person identifies items previously learned, as on a multiple-choice test.

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