Answer:
Total cost of the loan $55,969.8.-
Step-by-step explanation:
Giving the following information:
An amount of $32,000 is borrowed for 10 years at 5.75% Interest, compounded annually.
<u>To calculate the total cost of the loan, we need to use the Future Value (FV) formula:</u>
<u></u>
FV= PV*(1 + i)^n
PV= loan
i= interest rate
n= number of periods
FV= 32,000*(1.0575^10)
FV= $55,969.8
Answer:
A
Step-by-step explanation:
The volume (V) of water in the tank is calculated as
V = lbh (l is length, b is breadth and h is height )
Here l = 80, b = 40 and h = 50 , then
V = 80 × 40 × 50 = 160000 cm³
V ( in litres) = 160000 ÷ 1000 = 160 litres , then
number of times = 160 ÷ 10 = 16
Answer:
D
Step-by-step explanation:
Well start at 0,1,2,3, etc. and plug in the numbers until you get you answer of 2!