One of the ways to calculate dividend for an investment is by using average lowest balance (ALB) concept. The existing calculation of dividend based on ALB concept can only be done yearly. This paper discusses on the development of a general formula to calculate the accumulated amount for any period of time, based on the ALB concept that considers different yearly dividend rates. The patterns for each variable and coefficient for the calculated yearly accumulated amount were analysed. The general forms of each variable and coefficient were then combined to form the general formula for calculating the accumulated amount. Validity of the general formula is confirmed by calculating the percentage errors and proven by using mathematical induction.
Environmental contamination and the massive high cost of waste disposal have been a huge concern for scholars throughout the globe, prompting them to alternatives of recycling waste materials in various implementation fields. The rising expenditure on disposal and the shortage of naturally main resources such as aggregate have increased interest in reusing recycled waste materials to manufacture concrete and mortar. The annual consumption of a country's population of hundreds of tons of black tea results in considerable numbers of discarded teabags. These huge quantities are disposed in landfills without being recycled or otherwise used. Moreover, such landfills are considered one of the country's biggest global issues. Therefore, the aim of this experimental work is to investigate the influence of nanocarbon tube produced from tea waste as cement replacement materials in mortar mixtures. Cement mortar mixes contain four replacement levels (1%, 2%, 3%, and 4%) of cement with nanocarbon tube produced from tea waste. The compressive strength, ultrasonic pulse velocity, and water absorption were tested to demonstrate the effect of the nanocarbon tube made from recycled tea waste on the mechanical properties of the mortar mix. The fresh properties such as flow rate were evaluated in accordance to specific standards. Scanning electron microscopy (SEM) and energy-dispersive spectroscopy (EDX) analyses were performed to demonstrate the microstructure of the mixtures. The results show that the fresh properties (flowability) of mortar containing nanocarbon tubes from tea waste were improved with the increase of the replacement ratio. In addition, the compressive strength was improved by substitution of up to 2%. For the other levels of substitution, it decreased with an increasing replacement percentage. In contrast, the density had increased with the increase of substitution levels of the tea waste. Based on the results of the experiments, it seems that the suggested biomixture could increase the compressive strength of the material by up to 2% of the replacement at 28 days of curing.
The pro-poor growth and environmental sustainability are the twin agendas widely discussed in environmental science literature. The technology-embodied growth helps to attain both agendas through knowledge sharing and technology transfer, which trickle down to the poor income group and improve their living standards. Hence, the role of information and communication technologies (ICTs) is deemed crucial in boosting economic growth and is under deep consideration to establish its role in reducing poverty and environmental pollution. The current study examines the long-run relationship between ICTs, poverty reduction, and ecological degradation in Pakistan using time series data from 1975-2018. The short- and long-run parameter estimates were obtained through the Autoregressive Distributed Lag (ARDL) model for robust inferences. The results substantiate the inverted U-shaped Environmental Kuznets Curve relationship between income and emissions with a turning point at US$1000 in the short-run and US$800 in the long-run. The results confirmed the decisive intervention of ICTs factors in the poverty reduction, i.e., computer communications and mobile-telephone-broadband subscriptions support to reduce poverty incidence with the mediation of inbound FDI in a country. As far as income inequality is concerned, it shows that computer services support minimizing income inequality via a channel of high-technology exports in a country. The technology embodied emissions verified in the long-run, where mobile-telephone-broadband subscriptions increase carbon emissions. Finally, mobile-telephone-broadband subscriptions and inbound FDI both are significant contributors to amplify the country's economic growth. The results conclude that poverty reduction and environmental sustainability agenda are achieved by developing green ICT infrastructure in a country.