If You Invested $10 000 When You Turned 20 Years

question 31

True/False

If you invested $10 000 when you turned 20 years of age and received a return of 11 percent annually,you would have over two million dollars when you turned 70.

---

Definitions:

Distinctiveness

The quality of being noticeably different from something else, especially from others in the same category or group.

Consensus

General agreement among the members of a group or community, often used as a decision-making process in collaborative environments.

Instrumental Theory

denotes a perspective in sociology and psychology suggesting that individuals engage in certain behaviors primarily because of the rewards or outcomes associated with those behaviors.

Reinforcement Theory

A theory that suggests behavior is influenced by reinforcements or consequences, and that behavior can be modified by changing the consequences.