Find the Compound Interest Earned by $1910 Invested at 7

question 86

Essay

Find the compound interest earned by $1910 invested at 7.5% compounded semi-annually for seven years.

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Definitions:

Pragmatics

The practical aspects of communication, such as adaptation of language to fit the social situation.

Egocentric

The tendency to view everything in relation to oneself, without considering the perspectives or feelings of others.

Limbic System

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Brain Plasticity

The ability of the brain to change and adapt as a result of experience, including the forming and reorganizing of synaptic connections.