If a Customer Is Charged 1% Interest for an Invoice

question 7

Multiple Choice

If a customer is charged 1% interest for an invoice that is 30 days, and the invoice amount is in Cell F8, the formula for the new invoice total would be:

• A)=F8*.01.
• B)=F8*1.01%.
• C)=F8*1%.
• D)=F8*101%.

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Definitions:

Genotype

The genetic makeup of an organism that determines its specific traits, often in contrast to its observable characteristics (phenotype).

Esterase Production

Refers to the biological synthesis of esterases, enzymes that split esters into an acid and an alcohol in a chemical reaction with water.

Beneficial Allele

An allele that contributes to an increased fitness of an organism, enhancing survival and reproduction in a specific environment.

Fixation

The process by which a genotype or allele reaches a frequency of 100% in a population, eliminating all other variations.