Solve the Problem. -A Small Business Owner Made $60,000 the First Year He

question 151

Multiple Choice

Solve the problem.
-A small business owner made $60,000 the first year he owned his store and made an additional 7% over the previous year in each subsequent year. Find how much he made during his fourth year of business. Find his
Total earnings during the first four years. (Round to the nearest cent, if necessary.)

• A) $294,780.00; $630,180.00
• B) $501,126.00; $1,131,306.00
• C) $20.58; $64,514.58
• D) $73,502.58; $266,396.58

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Definitions:

Polygenetic

Involving or determined by multiple genes, often relating to the complex traits and variations in organisms.

DNA Segments

Portions of the DNA molecule that carry genetic information; these can encode genes, regulate gene expression, or have structural or unknown functions.

Family-Environment Effect

The impact of the familial setting on an individual's development, behaviors, values, and beliefs, emphasizing the role of upbringing.

Fluid Intelligence

The ability to reason and solve new problems without relying on previously learned information.