I need to know the answer and how to solve it
1 answer:
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Answer:
$18,781.5
Step-by-step explanation:
According to the problem, calculation of the given data are as follows,
Loan amount (P) = $15,000
Rate of interest (r) = 23%
Time (t) = 5 years
Let this loan is compounding annually, then the amount after 5 years can be calculated as follows,
Final amount = P
by putting the value in formula, we get
= $15,000 (
= $15,000 × 1.2521
= $18,781.5
Area of pond:
A=
r=1,5m
A=3,142*1,5*1,5=7,0695
Area of pond with path
B=
r=50 cm+1,5m=0,5m+1,5m=2m
B=3,142*2*2=12,568
Area of path:
12,568-7,0695=5,4985=5,50