Provide an appropriate response.A savings plan in which payments are made at the end of each month is called a(n)_____?
A. future annuity
B. annuity due
C. ordinary annuity
D. None of the above
Answer: C
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Jessie's Dry Cleaner began making $2,000 equal, annual deposits in a fund starting on January 2, 2016. The fund earns 10% compounded annually, and the last deposit is made on January 2, 2020. How much will be in the fund on January 2, 2021, one year after the final deposit?
A. $15,000 B. $13,431 C. $12,105 D. $10,641
Provide an appropriate response.True or False? The publicly held debt represents money the government must repay to individuals and institutions that bought Treasury issues.
A. True B. False
Briefly explain why developmental researchers would adopt the cognitive perspective.
What will be an ideal response?
Freud believed that the goal of the id was to do which of the following?
A. reduce satisfaction and maximize tension B. maximize satisfaction and reduce tension C. reduce inhibition and maximize unconscious awareness D. increase inhibition and reduce unconscious awareness