Write the Word or Phrase That Best Completes Each Statement $20 - 24$

question 316

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-The rates of death (in number of deaths per 100,000 population) for $20 - 24$ year olds in the United States between 1985-1993 are given below. (Source: NCHS Data Warehouse)
$\begin{array}{c|c}\text { Year } & \text { Rate of Death } \\\hline 1985 & 134.9 \\\hline 1987 & 154.7 \\\hline 1989 & 162.9 \\\hline 1991 & 174.5 \\\hline 1993 & 182.2\end{array}$
A logarithmic equation that models this data is $y = 57.76 + 48.56 \ln x$ where $x$ represents the number of years sinc 1980 and y represents the rate of death in that year. Use this equation to predict the year in which the rate of death for $20 - 24$ year olds first exceeds 200 .

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Definitions:

Weighted Average Cost of Capital (WACC)

A calculation of a company's cost of capital in which each category of capital (debt, equity) is proportionally weighted.

Internal Rate of Return (IRR)

IRR is a financial metric used to estimate the profitability of investments, calculated as the rate of return that sets the net present value of all cash flows from a particular project to zero.

Payback Period

The duration required for an investment to recover its initial outlay, calculated by dividing the initial investment by the annual cash inflows.

Time Value of Money

The concept that money available now is worth more than the same amount in the future due to its earning capacity.