Examlex
Scenario
CO2 is not the only greenhouse gas (GHG) that impacts global climate change. Other GHGs may be equally or more effective than CO2 at trapping heat on Earth. Climate scientists determine how much a GHG may impact global warming based on two factors: the efficiency with which a GHG absorbs energy (i.e., traps heat on Earth) and the length of time (in years) that the gas remains in the atmosphere. A unit of measurement called the Global Warming Potential (GWP) is used to describe how much energy a GHG absorbs over a specific period of time (100 years is a standard time frame) . All GWP values of GHGs are compared to the GWP of CO2, which is given a value of 1.
-In this scenario, how would you best describe CO2?
Simple Interest
Interest determined purely on the original amount borrowed, or on the unpaid portion of that initial amount.
Special Account
An account designated for a particular purpose or offering special conditions or privileges.
Compounded Monthly
A method of calculating interest where the interest earned each month is added to the principal, so the investment grows at an increasing rate.
Compounded Annually
A method of calculating interest in which the accumulated interest is added to the principal at the end of each year, with future interest then calculated on the new total.
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