Find the 52nd term of the following arithmetic sequence. 3, 9, 15, 21,
1 answer:
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Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
Answer:
8 (7.94)
Step-by-step explanation:
You can think of it as a geometry problem.
What is formed here is a triangle, which sides ate: the line, the line's shadow, and the height from the ground to the kite (here I attach a drawing).
What you need to find is the height. We will call it H.
As the triangle formed is a right one, we can use Pitágoras' theorem. The height H squared plus the squared of the shadow is equal to the squared of the line (the hypotenuse). This is:
H^2 + 9^2 = 12^2
H^2 + 81= 144
H^2 = 63
Applying squared root in both sides
H = √63
H = 7,94
So, the height is approximately 8.
