Find the maturity value of a loan of $2500 at simple interest that is to be repaid in 8 months. The interest rate is 4.3%.
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<u>Answer-</u>
<em>The total amount of water wasted this year is 6716 gallons.</em>
<u>Solution-</u>
A study indicated that the citizens of Morris-town wasted 5840 gallons of water last year.
This year they wasted 15% more than that amount they wasted previous year.
15% of 5840 is,
The total amount of water wasted this year =
The amount of water wasted previous year + 15% more of the amount of that
= 5840 + 876
= 6716 gallons
Therefore, the total amount of water wasted this year is 6716 gallons