Johnny invested $1000 in savings account that yields 2% interest annually. How much will Johnny's investment be worth in 10 year
1 answer:
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The thing that all these polygons have in common is B. Each appears to have one pair of parallel sides.
<h3>What is a polygon?</h3>A polygon is a plane figure characterized by a finite number of straight line segments joined to form a closed polygonal chain in geometry. A polygon is defined as a bounded plane region, a bounding circuit, or both. A polygonal circuit's segments are known as its edges or sides.
A polygon is a two-dimensional closed object with straight sides that is flat or plane. It doesn't have any curved edges. The vertices are the spots where two sides intersect.
A geometric figure has parallel sides if the distance between them does not change and the sides do not meet or cross. Parallel sides of a shape are opposing, or across from each other, and would not intersect if extended infinitely beyond the shape's boundaries.
Parallelogram, rectangles, squares, trapezoids, hexagon, and octagon are examples of shapes with parallel sides.
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Answer:
$14,644.63
Step-by-step explanation:
To solve this problem we can use the compound interest formula which is shown below:
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
<em />
First change 12% into a decimal:
12% -> -> 0.12
Lets plug in the values:
Tammy will own $14,644.63 after 8 years,