A principal of $2000 is invested at 7.75% interest, compounded annually. How much will the investment be worth after 14 years?
1 answer:
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Answer:
Option (A)
Step-by-step explanation:
It has been given in this question that sign telling path has a 2% grade.
2% grade means a rise of 2 meters for a horizontal change of 100 m (As given in the figure attached).
All the trigonometric ratios for the angle θ between the path and the horizontal are,
Sinθ =
Cosθ =
tanθ =
Since measures of the opposite side and adjacent sides are given
Therefore, tangent ratio will be applied to get the measure of the angle,
tanθ =
θ =
Option (A) will be the answer.
