Answer:
The volume is 418.93 ft^3
Step-by-step explanation:
Here, we want to find the volume of a cone
Mathematically, we use the formula;
V = 1/3 * pi * r^2 * h
r = 5 ft
h = 16 ft
Substituting these values;
V = 1/3 * 3.142 * 5^2 * 16
V = 418.93 ft^3
The maturity value is $2,006,937.50
Parameters:
<em>Prinicpal, P = $2,000,000</em>
<em>Rate, R = 9.25%</em>
<em>Time, T = 9 months</em>
The maturity value is given as the sum of the interest and principal
Interest, I = PRT/100
= 200000 * 9.25 * 0.75/100
= $6, 937.50
Maturity Value = $2,000,000 + $6,937.50
= $2,006,937.50
