When Jason Was in High School,he Learned from a Geography

question 347

Multiple Choice

When Jason was in high school,he learned from a geography course the locations of various countries around the world.He likely learned this information through

• A) effortful processing.
• B) automatic processing.
• C) implicit processing.
• D) explicit processing.

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Definitions:

Compounded Annually

This refers to the process of calculating interest on an investment or loan on a yearly basis, where interest from one year is added to the principal for calculation of interest in the next year.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Compounded Quarterly

The process of calculating interest on both the initial principal and the accumulated interest of previous periods on a quarterly basis.

Compound Interest

The interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.