Which of the Following Investments Will Have the Highest Future

question 119

Multiple Choice

Which of the following investments will have the highest future value?

• A) $1,300 invested at an annual interest rate of 10% for 5 years
• B) $1,000 invested at an quarterly interest rate of 2.25% for 10 years
• C) $1,300 invested at an quarterly interest rate of 2.25% for 5 years
• D) $1,000 invested at an annual interest rate of 10% for 10 years

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Definitions:

Variable-interval Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable amount of time has passed, which is used in operant conditioning.

Individual Webpage

A single, unique HTML document on the World Wide Web that can provide content about a person, topic, or organization.

Successive Approximations

A method used in behavior therapy where desirable behaviors are rewarded in stages that progressively get closer to the goal behavior.

Reinforces

In behavior psychology, these are stimuli that increase the likelihood of a repeated behavior by either presenting a rewarding stimulus or removing an unpleasant one.