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You Inherited $25,000 Today and Placed It in an Account

question 46

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You inherited $25,000 today and placed it in an account that earns an 8% annual rate of return.What will be the value of the account after 25 years?


Definitions:

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning and reinforcement.

Counterconditioning

A behavior therapy technique aiming to replace undesirable behaviors with more desirable responses.

Systematic Desensitization

A behavioral therapy technique used to help individuals overcome fears and anxieties by gradual exposure to the feared object or situation combined with relaxation techniques.

Counterconditioning Procedures

Techniques used in behavior therapy to replace a negative or unwanted response to a stimulus with a positive one.

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