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Genrish500 [490]
3 years ago
12

Jordan plans to add a porch to her house. The new 16' 18' porch will cost an average of $27 por square foot. Jorden also plans t

o have a 15' sidewalk poured. The cost of the sidewalk will be an additional gas per foot. The gate on the parch will cost $500.00 extra. What will the total cost be?​
Business
1 answer:
tatiyna3 years ago
7 0

Question is incomplete as the cost of the sidewalk is not given :

Assume the sidewalk cost an additional $6 per foot. ​

Answer:

$8366

Explanation:

Given that :

Size of porch = 16 by 18 feets

Area of porch = (16 * 18) = 288 ft²

Cost per ft² = $27

Cost of porch = ($27 * 288) = $7,776

Sidewalk = 15feets

Cost per foot = $6

Cost of sidewalk = ($6 * 15) = $90

Cost of gate = $500

Total cost :

(cost of porch area + side walk + gate)

($7776 + $90 + $500) = $8366

Kindly note that the cost pwr foot of sidewalk was erroneously excluded and the value employed for the cost was only assumed.

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Answer:

The interest rate for capitalization purposes will be of 11%

Explanation:

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rate = interest / principal

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