Items 69 Through 72 Apply to the Appropriate Use of Present

question 89

Multiple Choice

Items 69 through 72 apply to the appropriate use of present value tables. Given below are the present value factors for $1.00 discounted at 10% for one to five periods. Each of the items 69 to 72 is based on 10% interest compounded annually.

-What amount should an individual have in a bank account today before withdrawal if $7,000 is needed each year for four years with the first withdrawal to be made today and each subsequent withdrawal at one-year intervals? (The balance in the bank account should be zero after the fourth withdrawal.)

• A) $7,000 + ($7,000 × 0.909) + ($7,000 × 0.826) + ($7,000 × 0.751)
• B) $7,000 ÷ 0.683 × 4
• C) ($7,000 × 0.909) + ($7,000 × 0.826) + ($7,000 × 0.751) + ($7,000 × 0.683)
• D) $7,000 ÷ 0.909 × 4

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Hazardous Chemicals

Substances that pose potential risks to people's health and the environment due to their toxic, corrosive, reactive, or flammable properties.

Apoptosis

A process of programmed cell death that occurs in multicellular organisms, helping to eliminate cells that are no longer needed or are a threat to the organism.

Programmed Cell Death

The process by which cells intentionally die as part of an organism's growth or development, also known as apoptosis.

Operon

A functioning unit of genomic DNA containing a cluster of genes under the control of a single regulatory signal or promoter.