A Painter Is Constructing a Rectangular Canvas for Her Next

question 28

Short Answer

A painter is constructing a rectangular canvas for her next masterpiece. She plans to construct the canvas so that the ratio of the larger side to the smaller side is equivalent to the golden ratio. If the larger side is 267 cm in length, then what is the length of the smaller side in centimeters? Round the answer to the nearest whole number.

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Definitions:

Maturity Value

The total amount that will be paid to an investor at the maturity date of a financial instrument, including principal and interest.

Bank Discount

The difference between the face value of a banknote or security and its selling price, before it reaches its maturity.

Discount Period

The time frame within which a buyer can pay less than the full amount due by taking advantage of a discount offered by the seller.

Discounted Note

A promissory note that is sold or redeemed for less than its face value before its maturity date.