First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Answer:
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Step-by-step explanation:
30/5=6 so 1 frosy is 6 dollars and 30-6=24 and 24/5=4.80
Total height of lumber, H = 10 1/2 feet = 21/2 feet .
Height of side panel, h = 5 2/3 feet = 17/3 feet .
Now,
Extra lumber required, L = 2 × Height of side panel - Total height of lumber
![L=[2\times (\dfrac{17}{3})]-\dfrac{21}{2}\\\\L = \dfrac{5}{6}\ feet](https://tex.z-dn.net/?f=L%3D%5B2%5Ctimes%20%28%5Cdfrac%7B17%7D%7B3%7D%29%5D-%5Cdfrac%7B21%7D%7B2%7D%5C%5C%5C%5CL%20%3D%20%5Cdfrac%7B5%7D%7B6%7D%5C%20feet)
Therefore, extra lumber required is
feet.
Hence, this is the required solution.
Formula: A = pi(r)^2
1/4(2)^2pi
1/4 * 4 pi = just pi
The area would be 3.14