This took place over 20 minutes, so the water uptake in an hour, assuming that the rate was constant, would be: \(\text{water uptake in 1 hour} = \text{change in mass}\times\frac{60~\text{minutes}}{\ ...

Use the simple interest formula to calculate the interest gained on \(£2500\) over \(4\) years at a rate of \(6\%\) per annum. Compound interest is interest that is calculated on the principal ...

A cap rate helps determine if a real estate investment is worth pursuing. The cap rate formula involves dividing a property's net operating income (NOI) by its purchase or appraised value.

Using the formula above, they determine that the incidence rate of foreclosure in Anytown is 0.02. Let's say a county in the U.S. with a population of 500,000 may have had 20 new cases of ...

The simplest way to calculate interest expense is to multiply a company's total debt by the average interest rate on its debts. If a company has $100 million in debt with an average interest rate ...