A Water Pump Draws About 4

question 23

Multiple Choice

A water pump draws about 4.4 A when connected to 240 V.What is the cost (with electrical energy at 9 cents per kWh) of running the pump for 10 h?

• A) 82 cents
• B) 8.0 cents
• C) 95 cents
• D) 15 cents

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Definitions:

Construction Loan

A short-term loan provided to finance the building of a property or real estate project, with the property itself usually serving as collateral.

Interest-bearing Debt

A type of debt that incurs interest expenses over the loan period.

IFRS Rules

Specific guidelines and standards set out by the International Financial Reporting Standards to govern how financial transactions and positions should be reported in the financial statements.

Impairment Losses

Financial losses recognized when an asset's carrying value exceeds its recoverable amount.