Logs Are Stacked So That There Are 24 Logs in the Bottom

question 26

Multiple Choice

Logs are stacked so that there are 24 logs in the bottom row, 23 logs in the second row from the bottom, and so on, decreasing by 1 log each row. How many logs are there in the first five rows from the bottom?

• A)110 logs
• B)147 logs
• C)180 logs
• D)129 logs
• E)69 logs

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Definitions:

Interest Expense

The financial charge an organization incurs from taking out loans.

Tax Rate

The percentage of an individual's or corporation's income or profits that is paid to the government as tax.

Cash Flow

The net amount of cash and cash equivalents being transferred into and out of a business.

Creditors

Individuals or entities to whom money is owed by a debtor, usually in the form of loans or credit extended for business operations.