Answer:
$8511.11
Step-by-step explanation:
Each year, the amount Walter owes is multiplied by 1.06, so at the end of 6 years, Walter owes 1.06^6 times the amount he borrowed.
he will pay $6,000×1.06^6 ≈ $8511.11
_____
At the end of the first year, Walter owes the original loan amount plus 6% interest. That total is ...
$6000 + 0.06×6000 = $6000×1.06
At the end of the following year, he owes 1.06 times that amount, or ...
6000×1.06²
The amount owed is multiplied by 1.06 each year until Walter pays off the loan.
Answer:
10.439 Km
Step-by-step explanation:
Answer:
When we are dividing exponents, there is this rule:
So, in our case we have this:
To determine how much of the wall is blue we first need to find its area. The wall is a rectangle, then its area is the product of its height and length:
Hence, the area of the wall is 140 square ft. To determine how much of the wall is already painted we multiply this by 1/2, then:
Therefore, 70 square ft are blue.
