At an Annual Interest Rate of 10 Percent,about How Many

question 1

Multiple Choice

At an annual interest rate of 10 percent,about how many years will it take $100 to triple in value?

• A)8
• B)10
• C)12
• D)14

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Definitions:

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact through controlled conditions.

Experiment

A procedure carried out to support or refute a hypothesis, often involving the manipulation of variables to observe the effect on some behavior or condition.

Deliberately Exposing

Intentionally subjecting subjects (in an experiment) or oneself to certain conditions or stimuli to observe the effects.

Direct Observation

A method of collecting data by watching subjects in their natural (or controlled) environment without manipulating the situation.