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beks73 [17]
3 years ago
13

If $10,000 is invested in an account at the rate of 6.25% compounded monthly, then the amount after 15 years is approximately

Mathematics
1 answer:
Liono4ka [1.6K]3 years ago
5 0
The formula is
A=p (1+r/k)^kt
A future value?
P present value 10000
R interest rate 0.0625
K compounded monthly 12
T time 15 years
A=10,000×(1+0.0625÷12)^(12×15)
A=25,473.84
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Answer:

The answer is below

Step-by-step explanation:

A tangent is a line which touches a circle at one point. The angle between a tangent and a circle is 90°.

The two tangent theorem states that tangent that meet at the same point are equal in length.

Therefore:

CD = c + d

but c = 5.1, hence:

CD = 5.1 + d

12.1 = 5.1 + d

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AD = a + d; but AD = 12.2, d = 7

12.2 = a + 7

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AB = a + b; but b = 3.3

AB = 5.2 + 3.3 = 8.5

BC = b + c = 3.3 + 5.1 = 8.4

Perimeter of ABCD = AB + BC + CD + AD = 8.5 + 8.4 + 12.1 + 12.2 = 41.2

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