Delaware Corporation sets up a sinking fund for getting a lump sum. It has borrowed $50,000 for the business at 8% interest. The amount has to be repaid at the end of the fifth year. The sinking fund may earn an interest at 6% compounded monthly. What is the total amount to be invested including the interest payment?

use an equation of ratios to determine the amount of gas needed to fill the tank.

    0.2             0.8

  =    

288.75             x

                                                              231 gal

so, 0.2x = (0.8)(288.75 gal), and x = = 1155 gal.

                                                                0.2

it would take 1155 gal. to fill the tank.

the cost would be

1155 gal         $3

* = $3465   (answer)

      1           1 gal

hope this you