Penn Station Is Saving Money to Build a New Loading

question 66

Multiple Choice

Penn Station is saving money to build a new loading platform.Two years ago,they set aside $24,000 for this purpose.Today,that account is worth $28,399.What rate of interest is Penn Station earning on this investment?

• A)6.39 percent
• B)7.47 percent
• C)8.78 percent
• D)9.23 percent
• E)9.67 percent

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Definitions:

Genes

Basic units of heredity that are passed down from parents to offspring, containing DNA that determines characteristics and traits.

Endocrine System

A network of glands and organs in the body that produces, stores, and releases hormones to regulate various bodily functions and maintain homeostasis.

Adrenal Glands

Small, triangular glands located on top of both kidneys that produce a variety of hormones, including adrenaline and cortisol, which regulate metabolism, immune response, and stress responses.

Gonads

The primary reproductive organs in animals, specifically the testes in males and ovaries in females, responsible for producing gametes and sex hormones.