Solve the Inequality $\left| \frac { 11 y + 33 } { 3 } \right| < 11$

question 39

Multiple Choice

Solve the inequality. Then graph the solution set and write it in interval notation.
- $\left| \frac { 11 y + 33 } { 3 } \right| < 11$

• A) \(( 0,6 )\)
• B) \(( - 6,6 )\)
• C) \(( - \infty , - 6 ) \cup ( 0 , \infty )\)
• D) \(( - 6,0 )\)

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Definitions:

Internal Rate

Often refers to the internal rate of return (IRR), which is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Mutually Exclusive

Situations or events that cannot both occur at the same time, indicating a clear choice between two options.

Required Rate

The minimum return an investor expects to achieve on an investment to compensate for its risk.

Net Present Value

A financial metric that calculates the value of projected future cash flows, discounted back to their present value.