Answer:Advertising has made me really want to buy many different things. It mostly effected me when I was younger, because I would watch tv a lot. I would constantly beg my parents to buy me some stupid toy I had saw on a commercial.
Explanation:
The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.
Explanation:
The given is,
Simple interest of 4.5 %
Earn $90 of interest for 8 months
Step:1
Formula to calculate the simple interest method,
...................................(1)
Where,
F - Future amount
P - Initial investment
i - Rate of interest
N - Number of years
From given,
i - 4.5%
Let, X - Initial investment, P = X
F = P + Interest amount
F = X + 90
From the equation (1),
(∵ N = 8 months = = 0.667 year )
= 3000
P = X = $ 3000
From the X value.
F = P + 90
= 3000 + 90
F = $ 3090
Result:
The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.
Terrence should be concerned about groupthink.
- Groupthink refers to the common opinion or group consensus suppresses people's ability to provide alternative solutions to the problem as a result all the members of the group agree on the same conclusion.
- The desire to promote group cohesion and deduction of common conclusion to a problem negatively affects the promotion of thinking abilities, good decision making abilities, and problem solving abilities of group mates.
- When a team mates derive a common conclusion without an elaborate discussion or with a little discussion. It is indicative of problem of groupthink.
Hence, Terrence should be concerned about groupthink as the team agree on most decisions with little discussion.
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