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Nana76 [90]
2 years ago
5

A stock has produced returns of 11.9 percent, 5.6 percent, 16.4 percent, and -4.2 percent over the past four years, respectively

. what is the geometric average return?
Mathematics
1 answer:
EleoNora [17]2 years ago
8 0

The average annual return is

\displaystyle ((1+0.119)(1+0.056)(1+01.64)(1-0.042))^{\frac{1}{4}}-1=\sqrt[4]{1.317687706368}-1\\\\ \approx 7.14\%

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Answer:

  • length: 14 feet , width: 43 feet, or
  • length: 86 feet, width: 7 feet

Both solutions are valid.

Explanation:

1. First assumption is that the shape of the fence is <u>rectangular</u>.

2. Second, assum the length parallel to the wall measure y feet, so the other two lengths, y, together with x will add up 100 feet

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3. The, the area of the fence will be:

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4. Now you have two equation with two variables which you can solveL

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  • Substitute the value of y into the second equation: x (100 - 2x) = 600

5. Solve the last equation by completing squares:

  • Distributive property: 100x - 2x² = 600
  • Divide both sides by - 1: 2x² - 100x = - 600
  • Divide both sides by 2: x² - 50x = -300
  • Add the sequare of the half of 50 to both sides: x² - 50x + 625 = 325
  • Factor the left side: (x - 25)² = 325
  • Square root both sides: x - 25 = ± 18.028
  • Clear x: x = 25 ± 18.028
  • x = 43.028 ≈ 43 or x = 6.972 ≈ 7

Both values are valid,

If x = 43 , then y = 600/43 = 14

If x = 7, then y = 600/7 = 86

Thus, the lenght and width of the fence may be:

  • 43 feet (width) and 14 feet (length), or
  • 7  feet (width) and 86 feet (length).
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