The Present Value of $40,000 to Be Received in One

question 2

Multiple Choice

The present value of $40,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar)

• A) $37,736
• B) $42,400
• C) $40,000
• D) $2,400

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Definitions:

Mitochondria

Organelles within cells that are responsible for producing energy through the process of oxidative phosphorylation, often called the powerhouse of the cell.

RNA World

Hypothetical early interval when RNA served as genetic material.

Peptide Bonds

Chemical bonds formed between amino acids during protein synthesis, linking the carboxyl group of one amino acid to the amino group of another.

Protocells

Simple, self-organized, prebiotic structures that mimic living cells, thought to be key in the origin of life.