If the Interest Rate Is 10 Percent Per Year, and You

question 397

Multiple Choice

If the interest rate is 10 percent per year, and you have $100,000 now, which of the following is closest to what your $100,000 will be worth in three years?

• A) $155,000
• B) $115,000
• C) $120,000
• D) $133,000

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Definitions:

Oxytocin

A hormone and neurotransmitter involved in childbirth, lactation, and bonding, often dubbed the "love hormone."

Social-Bonding Hormone

Often refers to oxytocin, a hormone that plays a key role in facilitating social connections, trust, and attachment in mammals.

Biofeedback

A technique that teaches individuals to control physiological functions by using signals from their own bodies.

Mindful Meditation

A mental practice that involves focusing one's mind on the present moment, often as a method for reducing stress and enhancing emotional well-being.