1.Assume that you are going to buy a car work $25,000. You will be able to make a down payment of $3,000. The remaining #22,000 will be financed by the dealer. The dealer computes your monthly payment to be $547.47 for 28 months of financing. What is the dealers annual rate of return on this loan transaction? using excel and the IRR formela.
2.What pressure gradient along a streamline, dp/ds, is required to accelerate water upwards in a pipe at 0.5 m/s^2 ? The incline is 1:10, i.e., 1 m upward for every 10 m horizontal.