Al,Ralph,and Stan Are All Intending to Retire

question 179

Multiple Choice

Al,Ralph,and Stan are all intending to retire.Each currently has $1 million in assets.Al will earn 16% interest and retire in two years.Ralph will earn 8% interest and retire in four years.Stan will earn 4% interest and retire in eight years.Who will have the largest sum when he retires?

• A)Al
• B)Ralph
• C)Stan
• D)They all retire with the same amount.

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Definitions:

Dominate Genes

Genetic traits that are expressed in an organism's phenotype, overriding the expression of recessive genes when both are present.

DNA Molecules

The carriers of genetic information in living organisms and viruses, composed of two long strands forming a double helix, containing genes encoded by the sequences of nucleotides.

Chromosomes

Threadlike structures made of DNA molecules that contain the genes, found in the nucleus of most living cells, carrying genetic information in the form of genes.

Genes

Units of heredity made up of DNA that encode the instructions for the development, functioning, growth, and reproduction of all known organisms and many viruses.