On March 1, Sam Invested $90 000 in a Business

question 33

Essay

On March 1, Sam invested $90 000 in a business. On June 1, he invested another $10 000. On July 1, he withdrew $17 000 to spend on the repair of his house. On September 1, he injected another $2000 into the business. What was his average investment per month in the business during the year? Assume all months have the same length or weighting.

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Definitions:

Cortex

The outer layer of the cerebrum in the brain, involved in complex functions such as thought, perception, and memory.

Classical Conditioning

A teaching approach whereby, through consistent pairing, a response initially elicited by a secondary stimulus is in time elicited by the primary stimulus.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.

Transference Learning

The process by which knowledge or skills learned in one context are applied or transferred to a new context.