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Sherlock Invested a $100,000 Reward for Making Sure an Embezzler

question 11

Essay

Sherlock invested a $100,000 reward for making sure an embezzler was caught and sent to prison into various types of investments.He invested 20% in corporate bonds,25% in income stocks,15% in growth stocks,10% in penny stocks,and the remainder in a 10-year certificate of deposit.During the next year,the corporate bonds earned 7%,the income stocks earned 13%,the growth stocks earned 21%,the penny stocks lost 67%,and the CD earned 2%.At the end of the year,what percent change did Sherlock see in his portfolio?


Definitions:

Repression

A defense mechanism in psychoanalytic theory in which unpleasant thoughts, memories, or feelings are pushed out of the conscious mind.

Repression

A defense mechanism in which unpleasant thoughts, feelings, or desires are excluded from conscious awareness.

Proactive Interference

The phenomenon where older memories hinder the recall of newly acquired information.

Automatic Processing

The unconscious encoding of incidental information and well-learned tasks, requiring little to no cognitive effort.

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