Exams

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

A=R[(1+i)^n-1]/i(1+i)^n

The transport phenomenon occurs only in equilibrium state of a gas and is irreversible.

Metamorphism is the change of minerals or geologic texture in pre-existing rocks, without the protolith melting into liquid magma. The change occurs primarily due to heat, pressure, and the introduction of chemically active fluids.

The parent rock must be in solid form. Tons of pressure must be applied for metamorphism to happen. The process must take place underground.