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Refer to the Scenario Below, and Then Answer the Following

question 24

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Refer to the scenario below, and then answer the following question(s) .
A friend of yours finds a plastic bag containing what appear to be similar seeds collected last year during a vacation hiking trip. Your friend isn't quite sure which plant he collected them from. You open the seed with a sharp knife, examine the inside, and ask him if it was a non-woody plant with narrow leaves. Now recalling the plant, and astonished by your "detective work," he says, "Yes! How did you know?" Your friend then presents several pressed flowers and states that one of the flowers was from the plant from which he collected the seeds, but he isn't exactly sure which one. You examine the petals and sepals of each flower. The first flower has six parts, the second has five parts, and the third has eight parts.
-How did you know by examining the seed that it was a non-woody plant with narrow leaves?


Definitions:

Compounded Annually

Interest on an investment or loan that is calculated once a year, adding to the principal sum for the next year.

Present Value

The present-day worth of money to be received in the future or ongoing cash flows, discounted by a specific rate of return.

Single Sum

A lump-sum amount of money taken in a single payment rather than in installments over time.

Owner Control

The extent to which the owners of a business have the power to make decisions and influence the company's operations and strategic direction.

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