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A hose has been clamped so that the area at the clamp is only one-quarter the area of the rest of the hose. When we ignore the viscosity of water, the ratio of the volume of water delivered per unit time when the clamp is on to the volume of water delivered per unit time without the clamp is:
Exact Simple Interest
Interest calculated on the initial principal of a loan or deposit, based on a precise calculation method rather than the common approximation methods.
365-Day Year
A method used in finance and accounting that assumes a year consists of 365 days to simplify interest rate calculations, disregarding leap years.
Exact Simple Interest
Interest calculated on the principal amount of a loan or investment, based on a 365-day year without compounding.
Loan Period
The duration of time from when a loan is issued to when it is expected to be fully repaid, including its principal and interest.
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