Sally Put $9500 in Term Deposit on May 22

question 90

Essay

Sally put $9500 in term deposit on May 22. It matured on September 4 at $9588.82. What interest rate did she earn on the term deposit?

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Definitions:

Agoraphobia

A fear and avoidance of places or situations that might cause panic, helplessness, or embarrassment, often leading to significant limitations in daily functioning.

Specific Phobias

Specific phobias are a type of anxiety disorder characterized by an intense, irrational fear of, and aversion to, certain objects, scenarios, or activities.

Treatment Outcomes

The results or consequences of medical or psychological interventions, used to evaluate their effectiveness in improving health or well-being.

Cognitive-behavioral Theorists

Psychologists who believe that dysfunctional thinking leads to maladaptive behavior and that both can be changed through therapy.