Air-Conditioning Units Come in Sizes of Whole and Half Tons

question 5

Short Answer

Air-conditioning units come in sizes of whole and half tons. A 1-ton air-conditioning unit will cool a typical 1,100 sq ft house in the southern part of the United States. What size unit would be needed to cool a 3,125 sq ft house in the southern part of the United States? (Round up to the next higher whole or half ton.)

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Definitions:

Beta

A standard for evaluating how the systematic risk or volatility of a security or portfolio stands in relation to the entire market.

Portfolio

A collection of financial assets such as stocks, bonds, commodities, currencies, and cash equivalents, as well as their fund counterparts.

Risk Premium

The extra return expected by investors for taking on additional risk over the risk-free rate.

Risk-Free Rate

The risk-free rate is the theoretical return of an investment with zero risk, typically represented by the yield on government securities.