Find the Product of 3.05 × 0.03

question 253

Multiple Choice

Find the product of 3.05 × 0.03

• A)9.15
• B)0.915
• C)0.0915
• D)0.00915

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Definitions:

Initial Investment

The amount of money used to start a business or project.

Cash Operating Costs

The expenses a company incures during its day-to-day operational activities, usually excluding non-cash costs like depreciation.

Current Salvage Value

The estimated value that an asset can be sold for at the end of its useful life in its present condition.

Profitability Index

A measure comparing the present value of future cash flows to the initial investment, used to assess the attractiveness of a project.