How Long Will It Take $200 to Triple Itself If

question 169

Multiple Choice

How long will it take $200 to triple itself if it is invested at 2% simple interest?

• A) 137 years
• B) 100 years
• C) 118 years
• D) 95 years

Understand the physiological processes of transport within plants.

Differentiate between monocots and eudicots based on structural features.

Identify and differentiate between the various types of plant tissues and their functions.

Understand the structure and function of plant roots, including the zones of maturation, elongation, and cell division.

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Definitions:

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources it owns, without paying rent or borrowing costs.

Free Entry

A market condition where new participants can enter the industry freely without facing prohibitive barriers to entry.

Zero Profits

A situation in which a company's revenues exactly equal its expenses, resulting in no net income or loss.

Price

The monetary value estimated, obligatory, or presented in compensation for an object.