An Electric Heater Is Constructed by Applying a Potential Difference $\Omega$

question 103

Multiple Choice

An electric heater is constructed by applying a potential difference of 110 V across a wire with a resistance of 5.0 $\Omega$ .What is the power rating of the heater?

• A)2.0 kW
• B)2.4 kW
• C)1.7 kW
• D)1.5 kW
• E)60 kW

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Definitions:

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase an asset or security at a predetermined price within a specific time frame.

In the Money

A term describing an option contract that has intrinsic value, where the strike price is favorable compared to the market price of the underlying asset.

Expected to Expire

Refers to assets or rights that have a limited time frame before they cease to be valid.

Warrant

A financial instrument that gives the holder the right to purchase a company's stock at a specific price before a certain date.