Suppose You Place $1,000 into a Savings Account That Will

question 195

Short Answer

Suppose you place $1,000 into a savings account that will pay you 4% interest per year. What will be the future value of the savings account in 10 years?

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Definitions:

Impulse Control

The ability to resist or delay an impulse, drive, or temptation to act.

Environmental Stimuli

External factors or changes in the environment that can elicit a response from organisms.

Reinforce Reality

A therapeutic technique used to help individuals with disordered thinking or confusion maintain a connection to the actual events and circumstances of their life.

Foster Home

A temporary living situation for children whose parents are unable to care for them; the caregivers, known as foster parents, are certified to provide care.