The reaction times form a straight line with gradient of 60/140 = 3/7 m/kph
Reaction time at 130 kph = 3/7 x 130 = 390/7 = 56 m to nearest whole number
Answer:
$1620
Step-by-step explanation:
The volume (V) of a cube is calculated as
V = s³ ( s is the length of the side )
Here V = 5832 , then
s³ = 5832 ( take cube root of both sides )
s =
= 18 ft
The area of the square floor is then
area = 18² = 324 ft²
cost = 324 × $5 = $1620
Annual Rate = 16% = 16/100 = 0.16
Monthly Rate = (annual rate)/12
Monthly Rate = (0.16)/12
Monthly Rate = 0.01333 ... this is approximate
Finance Charge = (Monthly Rate)*(Previous Balance)
Finance Charge = (0.01333)*(179.32)
Finance Charge = 2.3903356
Finance Charge = 2.39
The purchases and payments do not factor in the finance charge since they are made during this current billing cycle. The previous balance method only looks at the balance at the end of the previous cycle.
Once the finance charge is calculated, we add on the new purchases and the finance charge to the old balance. We also subtract off the payments/credits. Doing all this calculates the new balance for this billing cycle.
New Balance = (Old balance) + (Purchases) + (Finance Charge) - (Payment)
New Balance = 179.32 + 117.42 + 2.39 - 85
New Balance = 214.13
In summary,
Finance Charge = $2.39
New Balance = $214.13
I think the solution you are looking for is this :