Please help me with this question. what is the area?

Mathematics

1 answer:

chubhunter [2.5K]3 years ago

3 0

The formula for that area would be A=1/2xbxh so you would do A=1/2x3.5x3 and that equals 5.25

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love history [14]

Answer:

$\approx$ 17.5% per annum

Step-by-step explanation:

Given:

Money invested = $20,000 at the age of 20 years.

Money expected to be $500,000 at the age of 40.

Time = 40 - 20 = 20 years

Interest is compounded annually.

To find:

Rate of growth = ?

Solution:

First of all, let us have a look at the formula for compound interest.

$A = P \times (1+\frac{R}{100})^T$

Where A is the amount after T years compounding at a rate of R% per annum. P is the principal amount.

Here, We are given:

P = $20,000

A = $500,000

T = 20 years

R = ?

Putting all the values in the formula:

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