Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Answer:
8 (7.94)
Step-by-step explanation:
You can think of it as a geometry problem.
What is formed here is a triangle, which sides ate: the line, the line's shadow, and the height from the ground to the kite (here I attach a drawing).
What you need to find is the height. We will call it H.
As the triangle formed is a right one, we can use Pitágoras' theorem. The height H squared plus the squared of the shadow is equal to the squared of the line (the hypotenuse). This is:
H^2 + 9^2 = 12^2
H^2 + 81= 144
H^2 = 63
Applying squared root in both sides
H = √63
H = 7,94
So, the height is approximately 8.
