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Lucretia Puts $400 into an Account When the Interest Rate

question 89

Multiple Choice

Lucretia puts $400 into an account when the interest rate is 10 percent.Later she checks her balance and finds it's worth about $708.62.How many years did she wait to check her balance?


Definitions:

Hypnotist

A person skilled in hypnosis, the practice of inducing a trance-like state to increase the subject's suggestibility.

Automatically

Occurring or operating in a way that is independent of conscious control or decision.

Temporarily Deaf

A temporary loss of hearing, which can be caused by various factors such as exposure to loud noise, infections, or blockages.

Hypnotized

A state of highly focused attention or concentration, often associated with relaxation and heightened suggestibility.

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