What is the present value of a $50,000 decreasing perpetuity beginning in one year if the discount rate is 7% and the payments d
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Answer:
Total cost for tiles and paints is $924.
Step-by-step explanation:
We have been given that a community hall is in the shape of a cuboid. The hall is 40m long 15m high and 3m wide.
The paint will be required for 4 walls and ceiling.
Let us find area of walls and ceiling.
Therefore, the area of walls and ceiling is 1410 square meters.
Given: Cost for 10 litre of paint is $10 and 10 litre paint covers 25 square meter. Therefore,
Therefore, the total painting cost is $564.
Tiles will be required for floor. Let us find the area of floor.
Given: 1m squared floor tiles costs $3. So,
Therefore, the total cost for tiles is $360.
Now let us find combined total cost of tiles and paint.
Therefore, the combined total cost of tiles and paint is $924.