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How Many Days Will It Take for a Sum of $8,000

question 44

Short Answer

How many days will it take for a sum of $8,000 to earn $240 interest if it is deposited in a bank paying ordinary simple interest at the rate of 5%/year? (Use a 365-day year.)
__________ days


Definitions:

Aggressive Manner

Behavior characterized by assertiveness, dominance, and sometimes hostility, aimed at achieving one's objectives.

Blowing off Steam

An informal phrase describing the release of pent-up emotional or physical energy or stress.

Defense Mechanisms

Defense mechanisms are unconscious psychological strategies used by individuals to cope with reality and maintain self-image by reducing feelings of anxiety and stress.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

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