Find the Accumulated Amount a If the Principal P =

question 4

Multiple Choice

Find the accumulated amount A if the principal P = $10,000 is invested at the interest rate of r = 5% per year for t = 8.5 years, compounded quarterly. ​

• A) The accumulated amount is $15,383.81.
• B) The accumulated amount is $14,584.42.
• C) The accumulated amount is $15,612.78.
• D) The accumulated amount is $15,255.66.

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Definitions:

Sensitization

An increase in behavioral response after exposure to a stimulus.

Habituation

The diminishing response to a frequently repeated stimulus over time.

Observational Learning

A learning process through which behaviors are acquired by watching and imitating the actions of others, also known as modeling.

Operant Conditioning

An instructional process wherein the forcefulness of a behaviour is changed by the application of incentives or deterrents.