Suppose you buy a CD for $300 that earns 3% APR and is compounded quarterly. The CD matures in 5 years. Assume that if funds are
1 answer:
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Let us try and solve it analytically. We have that the side=x+3 together with the short side=s and the diagonal=x+4 satisfy the Pythagorean Theorem. Then we have that 
. This yields 
which yields s^2=2x+7, hence a) is the correct answer.
which yields s^2=2x+7, hence a) is the correct answer.