Answer:
1 gallon every 16 minutes
Step-by-step explanation:
If after 32 minutes the container has 6 gallons left that means it has lost 2 gallons of water. So we now divide the 32 minutes by the 2 gallons of water to get that 1 gallon of water leaks every 16 minutes.
20100 = 16000 * (1.02)^ t
20100/16000 = 1.02^t
1.25625 = 1.02^t
log 1.25625 = t * log 1.02
t = log 1.25625 / log 1.02
= 11.5
I = Prt, where P = $1,295; r = 7/100 = 0.07, t = 180/365
I = 1,295 x 0.07 x 180/365 = $44.70
