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maria [59]
3 years ago
14

Quantities $r$ and $s$ vary inversely. When $r$ is $1200,$ $s$ is $0.35.$ What is the value of $s$ when $r$ is $2400$? Express y

our answer as a decimal to the nearest thousandths.
Business
1 answer:
nignag [31]3 years ago
5 0

Answer:

The value of s is 0.175.

Explanation:

Given,

r and s vary inversely,

That is,

r\propto \frac{1}{s}

\implies r=\frac{k}{s}

Where, k is the constant of proportionality,

We have, r = 1200 if s = 0.35,

\implies 1200 = \frac{k}{0.35}

\implies k=1200\times 0.35 = 420

Thus, the equation that shows the relation between r and s is,

r=\frac{420}{s}

\implies s=\frac{420}{r}

If r = 2400,

s=\frac{420}{2400}=0.175

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Elinore is asked to invest $ 4 comma 900 in a​ friend's business with the promise that the friend will repay $ 5 comma 390 in on
Mandarinka [93]

Answer:

0.09 or 9%

Explanation:

This question has some irregularities. The correct question should be :

Elinore is asked to invest $4,900 in a​ friend's business with the promise that the friend will repay $5,390 in one​ year's time. Elinore finds her best alternative to this​ investment, with similar​ risk, is one that will pay her $ 5,341 in one​ year's time. U.S. securities of similar term offer a rate of return of 7​%. What is the opportunity cost of capital in this​ case?

Solution

Given from the question

Investment (I) = $4,900

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Rate or opportunity cost of capital r is given by

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$5,341 = $4,900 + $4,900r

$5,341 - $4,900 = $4,900r

r = ($5,341 - $4,900) / $4,900

r = 0.09

Or 9% in percentage

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In this case the Atlantic bank will respond by increasing its bank reserves.

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