Answer the Question Based on the Following Information

question 106

Multiple Choice

Answer the question based on the following information.Way-Below Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism.The university is now considering several alternative levels of crime control.This table shows the expected annual costs and benefits of these alternatives. Based on cost-benefit analysis, Way-Below Normal should undertake

• A)Two.
• B)Three.
• C)Four.
• D)Five.

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Definitions:

Decimal Places

The number of digits to the right of the decimal point in a decimal number, indicating its precision.

Compounded Daily

A method of calculating interest where the interest earned is added to the principal daily, resulting in earning interest on interest.

Effective Yield

A measure of the return on an investment, considering the compound interest rate.

Decimal Places

The positions to the right of the decimal point in a decimal number, indicating fractions of ten.