Clint Puts $200 into an Account When the Interest Rate

question 129

Multiple Choice

Clint puts $200 into an account when the interest rate is 8 percent.Later he checks his balance and finds that he has a balance of about $272.10.How many years did Clint wait to check his balance?

• A)3 years
• B)3.5 years
• C)4 years
• D)4.5 years

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Definitions:

Social Pressures

The influence exerted by society or social groups on individuals to conform to expected norms or behaviors.

Health Behavior

Actions taken by individuals that affect their health, either positively or negatively.

Theory of Planned Behavior

A theory that predicts an individual's intention to engage in a behavior at a specific time and place. It considers attitudes, subjective norms, and perceived behavioral control.

Subjective Norms

The perceived social pressure to perform or not perform a particular behavior, influenced by the beliefs about what important others think one should do.