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A Common Trick to Open the Lid of a Jar \circ

question 4

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A common trick to open the lid of a jar that is stuck is to put the lid under hot running water.Suppose the diameter of the lid of a jar of strawberry jam is 6 cm,by how much does the circumference change if the temperature is increased by 30 \circ C? Assume the lid is made of steel.

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Definitions:

Internal Rate of Return

A financial metric used to evaluate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows equal to zero.

Payback Period

Payback period is the duration required to recover the cost of an investment, calculated by dividing the initial investment by the annual cash inflow.

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.

Salvage Value

The determined residual amount of an asset at the cessation of its utility.

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