Given that the triangles are similar.
When triangles are similar, all three pairs of corresponding sides are in the same ratio.
Similarly in the given triangles, the ratio of the corresponding sides are equal.
Cross multiplying, we get
Dividing both sides of the equation by -4.
So, we get
x = 7.
Answer:
Interest in 3 years = $456.52
Step-by-step explanation:
As we know the the formula of compound interest
Total amount =
Here n = number of times amount is compounded
r = rate of interest
t = period
Here A = $2500
r = 0.0575
n = 1 (compounded annually)
t = 3 years
Therefore amount after 3 years
P =2500(1.0575)³
= 2500×1.18
= $2956.52
We have to calculate the interest then
Interest = $2956.52-$2500 = $456.52
So after 3 years interest gained = $456.52