Imagine That a Diamond Necklace Was Sunk with the Titanic

question 29

Multiple Choice

Imagine that a diamond necklace was sunk with the Titanic, and is now lying at a depth of 4 km in the North Atlantic Ocean. What would the percentage change in the volume of the diamond be, due to the water pressure? The bulk modulus of Diamond is 4.42x1011 N m-2 and the density of seawater can be assumed to be 1000 kg m-3.

• A)0.004%.
• B)0.009%.
• C)0.04%.
• D)0.09%.
• E)0.4%.

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Definitions:

Liquidity

A measure of how easily assets can be converted into cash without significant loss in value.

Deposits in Transit

Funds that have been received and recorded by a business but not yet recorded by the bank, leading to a discrepancy in the accounting records until the deposit clears.

Currency

A system of money in general use in a particular country.

Checking Accounts

Bank accounts that allow the owner to make deposits, write checks, and withdraw funds with ease, typically used for daily transactions.