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DO NOW What are genes, and how are they related to inherited traits? • Genes are parts of DNA that give instructions to the cells for expressing traits. Each body cell has two copies of the same gene – one from each parent. These copies, or alleles, may be the same, or they may be different. The combination of alleles is called the genotype. DO NOW 1. A clothing store owner in Dallas said that in order to make a profit, he would put a 140% mark-up on all his clothing. If he bought a pair of jeans for $15, what would he sell the jeans for? A $14 C $36 B $22.50 D $57 2. Mario answered 75% of the 40 problems on his history homework correctly. How many problems on his homework did he answer correctly? A 19 C 28 B 30 D 10 I= $364, P= $1,300, r= ___, t = 7 years I=$440, P=___, r=5%, t= 4 years Randy wants to move his savings account to a new bank that pays a better interest rate of 3.5% so that he can earn $100 in interest faster than at his old bank. If he moves $800 to the new bank, how long will it take for him to earn the $100 in interest? Independent Practice • Page 358 • # 14 - 18 Exit Ticket Page 358 # 20 After 2 years, a savings account earning simple interest held $585.75. The original deposit was $550. What was the interest rate?