Answer:
(Interest rate/number of payments)*$170000= interest for the first month.
Interest amounts for all the months of repayment plus $170000=Total loan cost
Explanation:
Interest is the amount you pay for taking a loan from a bank on top of the original amount borrowed.
Factors affecting how much interest is paid are; the principal amount, the loan terms, repayment schedule, the repayment amount and the rate of interest.
The interest paid=(rate of interest/number of payments to make)*principal amount borrowed.
You divide the interest with number of payments done in a year where monthly are divided by 12.Multiplying it by loan balance in the first month which is your principal amount gives the interest rate to pay for that month.
You new loan balance will be= Principal -(repayment-interest)
Do this for the period the loan should take.
Add all the interest amount to original borrowed amount to get total cost of the loan after the period of time.
Answer:
The perceived economic impact of CO2 generated per year by lighting sstem is $8164.67.
Explanation:
The CO2 requirement for the plant is:
Amount of CO2 per year = (2.4 lb / KWh)(300,000 KWh)
Amount of CO2 per year = (720000 lb)(1 ton/ 2204.62 lb)
Amount of CO2 per year = 326.59 ton
The perceived economic impact of CO2 generated per year will then be:
Economic Impact = ($25 / ton)(326.59 ton)
<u>Economic Impact = $8164.67</u>
Answer:
A. smallest wire is No. 12
Answer:
With increased technological knowledge and consequent decreased factors of ignorance, the structures have less inert masses and therefore less need for such decoration. This is the reason why the modern buildings are plainer and depend upon precision of outline and perfection of finish for their architectural effect.