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Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
<h3>Compound interest</h3>Compound interest is given by:
where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
Find out more on Compound interest at: brainly.com/question/24924853
Answer: r = C/(2pi)
This is the same as writing
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Explanation:
pi is some number (approximately 3.14) which means 2pi is also some number (roughly 6.28)
Saying c = 2pi*r means we have 2pi times r, and the result is the circumference c. To isolate r, we'll undo the multiplication. We'll undo it by dividing both sides by 2pi like so
C = 2pi*r
C/(2pi) = r
r = C/(2pi)
in which we can write it like
So whatever C is, we divide it over 2pi (aka roughly 6.28) to get the radius.
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Extra Info (Optional Section):
As an example, let's say the circumference of the circle is 628 feet. This means the distance around the circle is 628 feet. So C = 628 would lead to...
r = C/(2pi)
r = C/(6.28)
r = 628/(6.28)
r = 100
So the radius would be roughly 100 feet.