What Method Was Used to Replenish Miami Beach in the 1970s

question 46

Multiple Choice

What method was used to replenish Miami beach in the 1970s?

• A) New sea walls were built.
• B) Sand was pumped back onto the beach.
• C) Groins were built.
• D) Dams were removed from nearby rivers.

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Definitions:

Investment Project

A project or activity requiring capital expenditure with the expectation of generating financial returns over time.

Discount Factor

A multiplier used in discounting to calculate the present value of future cash flows or earnings.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and short-term financial health of the business.

Discount Rate

The interest rate used to discount future cash flows to their present value.