An engineer deposits $2,000 per month for four years at a rate of 24% per year, compounded semi-annually. How much will he be ab
1 answer:
You might be interested in
To answer this question, we need to recall that: "the diagonals of a rectangle bisect each other"
Thus, if we assign the point of intersection of the two diagonals in the rectangle as point O, we can say that the triangle OQR is an "isosceles triangle". Note that this is because the lengths OR and OQ are equal since we know that: "the diagonals of a rectangle bisect each other". See the below diagram for clarity.
Now, we have to recall that:
- the base angles of any isosceles triangle are equal. This is a fact, and this means that the angles
- also the sum of all the angles in any triangle is 180 degrees
Now, considering the isosceles triangle OQR, we have that:
Now, since the figure already shows that angle Now, since we have established that the base angles
we can now solve the above equation for m<2 as follows:
Therefore, the correct answer is: option D
