The Future Value of an Ordinary Annuity of $1,000 Each

question 30

Multiple Choice

The future value of an ordinary annuity of $1,000 each year for 10 years,deposited at 3 percent,is ________.

• A)$11,808.
• B)$11,464.
• C)$8,530.
• D)$8,786.

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Definitions:

Lac Repressor

A protein that binds to the lac operon and inhibits the metabolism of lactose in bacteria.

RNA Polymerase

An enzyme responsible for synthesizing RNA molecules from DNA templates, playing a crucial role in gene expression and regulation.

Promotor

A region of DNA that initiates transcription of a particular gene, crucial for regulating gene expression.

Genetic Code

The set of rules by which information encoded in genetic material (DNA or mRNA sequences) is translated into proteins by living cells.