Use the Formula $i = P r t$ To Reach a Solution for the Following Problem

question 70

Multiple Choice

Use the formula $i = P r t$ to reach a solution for the following problem. For how many years must $5,590 be invested at a 8% annual interest rate to earn $2,683.20?

• A) t = 11
• B) t = 5
• C) t = 6
• D) t = 8
• E) none of these

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Definitions:

Epistatic Gene

A gene that can interfere with the expression of other genes, altering the phenotypic outcome and creating variations in traits.

Dominant

Referring to an allele or a gene that expresses its phenotype even in the presence of a recessive allele of the same gene.

Genotype

The genetic makeup of an organism consisting of all the DNA sequences (genes) it possesses, determining specific traits.

RR Parent

Refers to a plant that is homozygous for the round seed shape allele in Mendelian genetics, "RR" signifies both alleles for a trait are the same (dominant).