First we will find the interest on:
P = $235 principal
t = 2 years
r = 0.1415 annual rate
A = future value
I = A - P the interest
A = P(1 + r)^t
A = 235(1 + 0.1415)^2
A = $306.21
I = A - P
I = $306.21 - $235
I = $71.21
the interest was $71.21.
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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yes but it would be an incomplete fraction
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A rhombus is quadrilateral with all side of equal length. Thus a quadrilateral with all sides of equal length and all angles right angles is still a rhombus but it is also a square. It is also a quadrilateral, a rectangle and a parallelogram.
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I hope this helped! have a great day! :)
