Given:
DE = (6x - 9) cm
EF = (4x + 4) cm
LM = 14 cm
MN = 16 cm
To find:
The value of x.
Solution:
<em>If three or more parallel lines intersect two transversals, then they cut off the transversals proportionally.</em>
Do cross multiplication.
Add 144 on both sides.
Subtract 56x from both sides.
Divide by 40 on both sides, we get
The value of x is 5.
Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. The account balance after a period of 5 years will be $1.63634×10²⁰.
<h3>What is compound interest?</h3>Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. It's the outcome of reinvesting interest rather than paying it out so that interest is received on the principal plus previously collected interest in the next quarter.
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Given the principal amount is $12,385, the rate of interest is 7.5%, and the time period is daily. Therefore, the amount can be written as,
Hence, the account balance after a period of 5 years will be $1.63634×10²⁰.
Learn more about Compound Interest:
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