Jonah is making a model house. The real house is 22 feet tall. His model is 10 inches tall. What is the foot : inch ratio for hi
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Given:
Amount borrowed (P)= $25000
Rate of interest (r)= 6%
Time (t)= 4 years.
To find:
The total interest the company pay in all.
Solution:
We know that,
where, A is amount, P is principal, r is rate of interest and t is time period.
Now,
Therefore, the total interest is $6561.924.