Petra Has Forgotten the Rate of Simple Interest She Earned

question 254

Short Answer

Petra has forgotten the rate of simple interest she earned on a 120-day term deposit at Scotiabank. At the end of the 120 days, she received interest of $327.95 on her $21,000 deposit. What rate of simple interest was her deposit earning?

Compare and contrast the characteristics of adolescent and adult romantic relationships.

Apply theoretical knowledge to real-life scenarios, identifying types of cohabiting relationships.

Explain the evolution of relationships from same-sex friendships in childhood to romantic relationships in adolescence.

Critique the limitations of focusing only on marital status when studying intimate relationships in older adults.

---

Definitions:

Cognitive Dissonance

The unsettling sensation experienced when a person simultaneously upholds multiple conflicting beliefs, ideas, or values.

Group Members

Individuals who belong to a defined collective or team, sharing common goals or purposes.

Informational Social Influence

The process where individuals change their opinions or behavior in response to accessing new information or knowledge from others.

Group Standard

The norms and expectations that are established and shared by a group, guiding the behavior and attitudes of its members.