Question
The return forgone for the undertaking an investment is
known as?Solution
A person has an opportunity to earn 10% return from the various alternative investments available for her to choose from. If he decides to invest in another project, he loses on an opportunity to earn 10% rate of return from the existing investment. Therefore, the return forgone for the undertaking an investment is known as opportunity cost of capital.
Sum of squares of three consecutive numbers is 1325. Find the sum of first and third number.
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What is the smallest number that needs to be added to 978 to make it a multiple of 37?
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