Examlex

Solved

A Large Pump Can Fill a 78,000 Gallon Reservoir in 8

question 7

Short Answer

A large pump can fill a 78,000 gallon reservoir in 8 hours. Working together, the large pump and a smaller one can fill the reservoir in 6 hours. How long would it take the smaller pump to fill the reservoir by itself?


Definitions:

Compounded Quarterly

Interest calculation method where the interest is added to the principal every three months or four times a year.

Amortization Period

The total time period over which a loan or a mortgage is scheduled to be paid off through regular payments that cover both principal and interest.

Compounded Semi-annually

A method of calculating interest where the interest amount is added to the principal amount twice a year, leading to compound growth.

Amortization Period

The length of time it takes to fully pay off a debt with regular payments that cover both principal and interest.

Related Questions