Maxwell is taking out a loan for $8,750 for 2 years at an APR of 9.75%. What would be the finance charge to the nearest whole dollar? (use the formula)

Step-by-step explanation:

Using the formula for calculating simple interest

SI = principal × rate × time/100

Given

Principal = $8750

Rate = 9.75%

Time = 2years

Substitute

Interest = 8750×9.75×2/100

Interest = 87.59×19.5

Interest = 1,706.25

Hence the finance charge to the nearest whole dollar is $1706

80π/3 or about 83.775

step-by-step explanation:

since a cone is 1/3 of a cylinder, we need to find the base's area. since area = πr^2, we get 16π. then, multiplying this by 5, we get 80π. dividing by 3, since the cone's volume is 1/3 of that of a cylinder's, we get 80π/3.

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