Assume a 6-Year Franchise Is Expected to Generate Profit at the Rate

question 15

Multiple Choice

Assume a 6-year franchise is expected to generate profit at the rate of $\sqrt [ 3 ] { t ^ { 2 } + 19,000 }$ dollars per year.If,over the next 6 years,the prevailing annual interest rate remains fixed at 7%,compounded continuously,what is the present value of the franchise? Use Simpson's rule with n = 6 to approximate the integral.Round your answer to two decimal places.

• A)$1,123.47
• B)$561.73
• C)$374.49
• D)$337.04

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Definitions:

DNA Replication

The process by which a cell duplicates its DNA before it divides, ensuring that each daughter cell receives an exact copy of the DNA.

Homologous Pairs

Pairs of chromosomes that have the same structure and gene sequence, matching one inherited from each parent.

Meiosis I

The first division in meiosis, during which homologous chromosomes are separated, resulting in two daughter cells with half the number of chromosomes of the original cell.

DNA Replication

The process by which a double-stranded DNA molecule is copied to produce two identical DNA molecules.