A Sailboat Leaves a Harbor and Sails 1

question 15

Multiple Choice

A sailboat leaves a harbor and sails 1.8 km in the direction 65° south of east, where the captain stops for lunch. A short time later, the boat sails 1.1 km in the direction 15° north of east. What is the magnitude of the resultant displacement from the harbor?

• A)2.3 km
• B)1.5 km
• C)2.9 km
• D)1.2 km
• E)0.59 km

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Definitions:

Cash Payback Method

An investment appraisal technique that calculates the time needed to recoup the cost of an investment through cash flows.

Present Values

The present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Capital Rationing

The process of limiting the number of new projects or investments undertaken by a company due to budget constraints.

Capital Investment Proposals

Plans or suggestions put forward for consideration regarding the investment of capital into long-term assets or projects expected to provide benefits over multiple periods.