An Ecologist Catches 100 Frogs from a Pond,marks Them and Releases

question 67

Multiple Choice

An ecologist catches 100 frogs from a pond,marks them and releases them back into the pond.After a few days,another 100 frogs are captured and 10 have the marks on them.How many frogs are in the pond?

• A)1,000
• B)10,000
• C)100
• D)900
• E)90

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Definitions:

NPV

Net Present Value; a financial metric used to assess the profitability of an investment by calculating the difference between the present value of cash inflows and outflows associated with the investment.

Default Chance

The probability that a borrower will fail to meet the obligations of a loan or debt.

Monthly Interest Rate

The percentage of a sum of money charged for its use per month, often used in reference to loans or credit balances.

Accounts Receivable Balance

The aggregate sum of funds that customers owe a company for products or services that have been provided but remain unpaid.