Answer:
the interest earned= 93.401
and the future value of an annuity= 493.401
Step-by-step explanation:
Given Data:
Interest rate= 7%
time,t = 3 years
weekly payment, P= 400
At the end of 3 years, final investment A= ?
n= 52 as it is weekly
As per the interest formula
A= P(1+r/n)^nt
Putting value in above equation
=
= 493.401
Interest earned = A-P
= 493.401-400
= 93.401 !
Answer:
The Area of Rectangular Garden is 1044 feet²
Step-by-step explanation:
According to question
The perimeter of the garden = 82 ft
Let the length be L ft
The width be W ft
Now as per question
L = 5 + ( 2× W )
∵ Perimeter of Rectangle = 2 × ( Length + Width )
Or , Perimeter of Rectangle = 2 × ( L+ W )
Or, 82 = 2 × ( L+ W )
Or, 82 = 2 × [ 5 + ( 2 ×W ) + W ) ]
Or, 82 = 2 × ( 5 +3W )
Or, 41 = 5 + 3W
Or, 41 - 5 = 3W
So, 3W= 36
∴ W = = 12 feet
I.e Width = 12 feet
And L = 5 + ( 2× W )
Or, Length = 5 + 24 = 29 feet
Now The Area of Rectangle = Length × width
So, The Area of Rectangle = 29 ft × 36 ft
The Area of Rectangle is 1044 feet²
Hence The Area of Rectangular Garden is 1044 feet² Answer