Use the Formulas N = N02n and G = T/n

question 62

Essay

Use the formulas N = N02n and g = t/n.
N = final cell number, N₀ = initial cell number,
n = number of generations, t = time, g = generation time.
Find the generation time if N = 2 × 10⁸, N₀ = 3 × 10⁶ and t = 3 hours.

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Definitions:

Aggregate Purchases

The total amount spent on goods and services within an economy at a given period of time.

Unintended Inventory Investment

Occurs when a business accumulates inventory beyond its planned level, often due to lower than expected sales.

Rate of Interest

The percentage of a sum of money charged for its use, typically expressed annually, influencing borrowing, lending, and investment activities.

Saving and Investment

Refers to the act of setting aside a portion of current income for future use and allocating funds into ventures or assets expected to yield future returns.