It will take 19 years and 6 months for the account value to reach 2900 dollars
Step-by-step explanation:
Given
Principal amount = 1400 dollars
Rate = 5.5 %
Final value = A = 2900
We have to find t
So,
The formula for simple interest is:
Putting values
Dividing both sides by 0.055
Rounding off to nearest tenth
19.5 years
Hence,
It will take 19 years and 6 months for the account value to reach 2900 dollars
Keywords: Interest, simple interest
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Answer: So if you want to find the total cost (c) for a certain number of months (m) and it costs $35 per month, you just need to multiply the number of months by the cost per month. So
35m=c
If you want to see the units cancel
($35/month)(months)=$
The months will cancel out, and you will be left with total dollars.
Not sure about the second part of your question, but if you wanted to figure out how much it would cost to be a member for 6 months, you would just plug in 6 for m.
35(6)=c
c=210
So $210
Step-by-step explanation:
Answer:
7 2/3
Step-by-step explanation:
Answer: The length of AC is 18 ft.
Step-by-step explanation:
By the given diagram,
AM = MB and CN = NB
M and N are the mid points of the sides AB and CB respectively,
Thus, by the mid point theorem,
MN ║ AC,
By the alternative interior angle theorem,
∠BMN ≅ ∠BAC
∠BNM ≅ ∠BCA
Thus, by AA similarity postulate,
ΔBMN ≅ ΔBAC
By the property of similar triangles,
Thus, The length of AC is 18 ft.