Use Newton's Method to Find $\sqrt { 89 }$ Correct to Four Decimal Places

question 137

Short Answer

Use Newton's method to find $\sqrt { 89 }$ correct to four decimal places.

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Definitions:

Automating

involves the use of systems and technology to perform tasks with minimal human intervention.

Internal Rate Of Return

A financial metric used to evaluate the profitability of an investment, calculated as the discount rate that makes the net present value (NPV) of all cash flows from the investment equal to zero.

Discount Factor(s)

A multiplier for determining the present value of future cash flows or other investments, reflecting the time value of money.

Simple Rate Of Return

A method to calculate the profitability of an investment by dividing the annual incremental net operating income by the initial investment cost.