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Radda [10]
3 years ago
10

PLEASE HELP FAST

Mathematics
2 answers:
Lesechka [4]3 years ago
5 0
4
22
-12
those are the right answers

vampirchik [111]3 years ago
3 0

Answer:

1) 4    2) 22     3) -12

Step-by-step explanation:

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Carlos bought a $235 water heater with his credit card. He used the water heater for five years before replacing it. He paid off
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First we will find the interest on:


P = $235 principal


t = 2 years


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I = A - P the interest


A = P(1 + r)^t


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A = $306.21


I = A - P


I = $306.21 - $235


I = $71.21


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Next lets find the lifetime cost value:


Lifetime cost value = 306.21 + 5*1.56*52 + 5*0.78*52 = $914.61 (considering that 1 year = 52 weeks)



Now lets find the percentage what percentage the interest is of the lifetime cost:


(71.21/914.61)*100 = 7.79%

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