Final answer:
The ovaries have multiple functions, including the formation of immature gametes, the production of oocytes, and the secretion of hormones.
Step-by-step explanation:
The ovaries have multiple functions in the female reproductive system. They are responsible for the formation of immature gametes (oogonia), the production and release of oocytes (mature eggs), and the secretion of hormones including estrogen, progesterone, and inhibin. Estrogen and progesterone play crucial roles in regulating the menstrual cycle and preparing the body for pregnancy, while inhibin helps to inhibit the secretion of follicle-stimulating hormone (FSH).