What is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three years at an interest rate of
1 answer:
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Answer:
And finally we can convert this into money like this:
So they spent every day approximately in total $ 4815291.6 dollars
Step-by-step explanation:
For this case we can convert the average power into Kw like this:
Now on average we know that one person use on average this power over 6.3 hours per day so then we have the following consumption rate:
And now we know the total population so then the total consumption per day would be:
And finally we can convert this into money like this:
So they spent every day approximately in total $ 4815291.6 dollars