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A water pipe must deliver at least 10 litres per second to a water tank on a property on the outskirts of a country town. The pipe will have to be 2 km long, and is fed by the town water supply which delivers a pressure difference of 100 000 Pa. What is the minimum radius this pipe needs? The viscosity of water is 0.001 Pa s.
Compounded Semi-Annually
Interest on an investment is calculated and added to the principal every six months, with future interest then calculated on the new total.
Fair Market Value
The price at which an asset would change hands between a willing buyer and a willing seller, both having reasonable knowledge of all the relevant facts.
Provincial Bonds
Provincial bonds are debt securities issued by a provincial government in Canada to finance its expenditures and obligations.
Ordinary Annuity
A series of equal payments made at equal intervals of time, such as monthly or annually.
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