Find the annual percentage yield (APY) in the following situation,
1 answer:
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Answer:
B. 12
Step-by-step explanation:
✔️Find the value of x
The side lengths of two similar triangles are always proportional.
Given that ∆ABC ~ ∆LMN, therefore:
AB = 5
LM = 10
AC = x + 5
LN = 3x + 3
Plug in the values
Cross multiply
(distributive property)
Collect like terms
Divide both sides by 5
x = 7
✔️Find AC
AC = x + 5
Plug in the value of x
AC = 7 + 5
AC = 12
Check the picture below.
