Use an Algebraic Approach to Solve the Problem: Suppose That

question 12

Multiple Choice

Use an algebraic approach to solve the problem: Suppose that the width of a certain rectangle is 2 inch more than one-fourth of its length. The perimeter of the rectangle is 24 inches. Find the length and width of the rectangle.

• A)5 inches wide, 7 inches long
• B)2 inches wide, 10 inches long
• C)3 inches wide, 9 inches long
• D)4 inches wide, 8 inches long
• E)7 inches wide, 5 inches long

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Definitions:

Discount Rate

The discount rate applied in DCF analysis to calculate the current value of future cash flows.

Net Present Value

The discrepancy between the current worth of incoming cash and the current worth of outgoing cash over a certain timeframe, utilized in the process of capital budgeting to evaluate an investment's profitability.

Required Rate Of Return

The minimum expected return an investor demands for an investment, determining the value of potential investments.

Payback Period

The length of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.