Use the Following to Answer Questions

question 104

Multiple Choice

Use the following to answer questions
Present and future value tables of $1 at 3% are presented below:

-On January 1,2016,you are considering making an investment that will pay three annual payments of $10,000.The first payment is not expected until December 31,2019.You are eager to earn 3%.What is the present value of the investment on January 1,2016?

• A)$28,286.
• B)$25,886.
• C)$26,662.
• D)$27,300.

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Definitions:

Nucleotide Bases

Organic molecules that serve as the building blocks of nucleic acids like DNA and RNA, consisting of adenine, thymine, cytosine, guanine, and uracil in RNA.

Methionine

Methionine is an essential amino acid used in the biosynthesis of proteins, important for the body's metabolism and cannot be synthesized by the human body.

Amino Acid

Small organic compound that consists of a carboxyl group, an amine group, and a characteristic side group (R), all typically bonded to the same carbon atom; monomer of proteins.

Introns

Non-coding sequences of DNA within a gene that are removed during RNA processing before translation into proteins.