The Time to Complete a Project Is Inversely Proportional to the Number

question 29

Multiple Choice

The time to complete a project is inversely proportional to the number of people who are working on the project. A class project can be completed by 3 students in 24 days. In order to finish the project in 6 days, how many more students should the group add?

• A) 15 more students
• B) 12 more students
• C) 18 more students
• D) 9 more students

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Definitions:

Binary Options

Financial instruments that pay out either a fixed amount or nothing at all, depending on whether a certain condition is met at expiration, typically related to the price movement of a security.

Fixed Amount

A fixed amount refers to a specific quantity or sum of money that does not change over time, often used in financial contexts like investments, payments, or fees.

Specified Event

An occurrence or situation outlined within a contract that triggers certain actions or conditions, often used in insurance and derivatives contracts.

Striking Price

The set price at which an option's holder is allowed to purchase or sell the asset underlying the option.