The formula to compute the future value of a single sum is: 
Answer the following statement true (T) or false (F)
False
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Calculate the balance under the given assumptions.Find the savings plan balance after 8 years with an APR of 4% and monthly payments of $473.
A. $53,410.47 B. $4959.51 C. $45,398.90 D. $5834.72
The interest that accrues on both the principal and the past unpaid accrued interest is called compound interest.
Answer the following statement true (T) or false (F)
Dr. Sardonicus wants to examine the effectiveness of different teaching techniques. Her 9:00 a.m. class will be exposed to a new method of viewing online instructional videos while her 10:00 a.m. class will be exposed to traditional lectures. She will assess the students' memory of the information across six sessions. What method is the professor using to test her ideas?
A. intuitive B. sociological C. anecdotal D. scientific
Explain why Erikson's psychosocial perspective has been called into question by modern developmentalists.
What will be an ideal response?