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3 years ago

Serena has $130 in her bank account . Her account is compounded quarterly for 2 years at a 9.4% interest rate . What is her tota

l investment after this time period ?

Mathematics

1 answer:

____ [38]3 years ago

7 0

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$130\\
r=rate\to 9.4\%\to \frac{9.4}{100}\to &0.094\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &2
\end{cases}
\\\\\\
A=130\left(1+\frac{0.094}{4}\right)^{4\cdot 2}\implies A=130(1.0235)^8$

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Also, it's Perimeter is given by:

$P=6a$

Thus, all that we need to do is to find the side length of any one of the sides and to do that let us have a look at at the data of vertices points given and find out which points are definitely adjacent to each other and are also easy to calculate.

A quick search will yield that D(8, 0) and E(4, 0) are definitely adjacent to each other.

Please check the attached file here for a better understanding of the diagram of the original regular hexagon. Points D and E indeed are adjacent to each other.

Let us now find the distance between the points D and E using the distance formula which is as:

$d=\sqrt{(x_1-x_2)^2+(y_1-y_2)^2}$

Where $d$ is the distance.

$(x_1,y_1)$ and $(x_2,y_2)$ are the coordinates of points D and E respectively. (please note that interchanging the values of the coordinates will not alter the distance $d$ )