Answer:
111 m²
Step-by-step explanation:
A rectangle is a quadrilateral (has four sides and four angle) with two pairs of parallel sides. Opposite sides of a rectangle are equal to each other. Also all the angles of a rectangle are 90° each.
The area of a rectangle = length * width
For rectangle 1, length = 12 m, width = 3 m
Therefore area of rectangle 1 = length * width = 12 m * 3 m = 36 m²
For rectangle 2, length =(12 m - 3 m - 3 m) = 6 m, width =(15 m - 10 m) =5 m
Therefore area of rectangle 2 = length * width = 6 m * 5 m = 30 m²
For rectangle 3, length = 15 m, width = 3 m
Therefore area of rectangle 3 = length * width = 15 m * 3 m = 45 m²
Area of composite shape = Area of rectangle 1 + Area of rectangle 2 + Area of rectangle 3
Area of composite shape = 36 m² + 30 m² + 45 m² = 111 m²
Answer:
$976,578.71
Step-by-step explanation:
We assume the deposits are made at the <em>beginning</em> of each quarter. The quarterly interest rate is 6%/4 = 1.5%. The number of quarterly payments is 15×4 = 60. The future value of an annuity due is ...
A = P(1+r)((1+r)^n -1)/r
where r is the quarterly interest rate, n is the number of payments, and P is the payment amount.
A = $10000(1.015)(1.015^60 -1)/.015 ≈ $976,578.71
The future value is $976,578.71.
Answer:
54
Step-by-step explanation:
Answer:
23.3225806
Step-by-step explanation:
What we know:
Acct. balance A (11)= $2,976.45
Pricipal=$1,963.45
Compounded (n)=quarterly (4)
rate=r
Compound interest formula: A (t)=p (1+r/n)^nt
What we need toi find:
If the interest compounds quarterly, what is the interest rate on the account? Find r.
A (t)=p (1+r/n)^nt
2976.45=1963.45 (1+r/4)^(4×11)
2976.45=1963.45 (1+r/4)^44
2976.45/1963.45=1963.45/1963.45 (1+r/4)^44
1.5159=(1+r/4)^44
(1.5159)^(1/44)=((1+r/4)^44)^(1/44)
1.0095=1+r/4
1.0095-1=1-1+r/4
.0095=r/4
.0095(4)=r/4 (4)
.038=r
Rate = 3.8%
