how much must you deposit in an account that pays 8% interest,compounded monthly to have a balance of $1000 after three years?
1 answer:
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Answer:
option D: 27.5 square units
Step-by-step explanation:
Divide the polygon in 6 figures
see the attached figure
Area of figure 1 (right triangle)
A1=(1/2)(3)(3)=4.5 units²
Area of figure 2 (rectangle)
A2=(1)(3)=3 units²
Area of figure 3 (rectangle)
A3=(1)(3)=3 units²
Area of figure 4 (right triangle)
A4=(1/2)(3)(3)=4.5 units²
Area of figure 5 (right triangle)
A5=(1/2)(4)(5)=10 units²
Area of figure 6 (right triangle)
A6=(1/2)(1)(5)=2.5 units²
The total area is equal to
At=A1+A2+A3+A4+A5+A6
At=4.5+3+3+4.5+10+2.5=27.5 units²
