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If we assume that 1.6 x 1010 kg of water is evaporated per second by the radiant solar energy, how much potential energy is given to the water vapor? (Hint: Assume the water vapor rises to an average height of 2000 meters.)
Savings Plan
A scheme that encourages regular saving with a bank or financial institution, often linked with benefits such as interest or investment returns.
Effective Rate
A comprehensive annual rate that accounts for compounding, often used in finance and investments to provide a true comparison among different financial products.
Investments
The allocation of assets with the goal of generating income or profit over time.
Quarterly
Occurring or done four times within a year, typically used in financial contexts to describe intervals for payments or reports.
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