3 More Than 3 Times a Certain Number Is the Same

question 127

Short Answer

3 more than 3 times a certain number is the same as 6 less than 2 times the number. Find the number.

Master the calculation of the payback period for investment projects and its relevance in investment decisions.

Understand the treatment of working capital in investment project evaluations.

Recognize the reinvestment assumption inherent in the IRR and NPV methods.

Analyze the relevance of a project's cash inflows, investment outlays, and operational income in determining its financial viability.

---

Definitions:

Animism

The belief that nature is enlivened or energized by distinct personalized spirit beings separable from bodies.

Free-Ranging Spirits

Beliefs or practices in some cultures that involve spirits or entities which move freely in the world, unconfined to specific locations, objects, or rituals.

Patriarchic Religion

A religious system or society in which men hold the primary power and predominate in roles of leadership, moral authority, social privilege, and control of property.

Wicca

Wicca is a modern pagan religion that draws upon a diverse set of ancient pagan and 20th-century hermetic motifs for its theological structure and ritual practices.