The Larger of Two Numbers Is 5 More Than the Smaller

question 54

Short Answer

The larger of two numbers is 5 more than the smaller number. The sum of the numbers is 13. Find
the numbers.

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Definitions:

Effective Annual Interest Rate

The interest rate on a loan or financial product restated from the nominal rate as an annual rate that reflects compounding over a given period.

Cash Cycle

The period of time it takes for a company to convert its investments in inventory and resources into cash flows from sales.

Receivables Period

The average number of days it takes for a company to collect payments from its customers.

Inventory Period

The average time it takes for a company to sell its inventory and convert it into sales.