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Sam wants to set up scholarships for his former secondary school graduating class. He has invested $100,000 into an account that pays 4.5% compounded quarterly. If the scholarships are $1,500 each and presented annually at graduation, how many scholarships can be awarded each year?
Homeostatic Control
The process by which the body maintains a stable internal environment despite changes in external conditions, involving feedback mechanisms.
Receptor
A protein molecule that receives and responds to chemical signals, such as hormones or neurotransmitters.
Mechanism
A system or structure that performs a specific function or process, often referring to the mechanical or biochemical processes in scientific contexts.
Longitudinal
Pertaining to the length; running along the long axis of a body or structure.
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