Patrick has $12,000 saved for medical school from gifts and summer jobs. Because the cost of college has risen each year, Patric
k knows he needs a savings account that will help him meet these increases. In the 10 remaining years before he receives his medical degree, which of the following would most help Patrick to meet these increases?
A. A checking account
B. A compound interest account
C. A high risk investment
D. A simple interest account
A. A checking account
B. A compound interest account
C. A high risk investment
D. A simple interest account
1 answer:
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The answer is C:
Starting with the given formula for the area, A = 1/2hb, the first step is to isolate h by using the multiplicative inverse of b, which is on both sides of the equation:
The result will be:
The last step is to use the multiplicative inverse of , which is 2 or
to further isolate the variable <em>h </em>:
The formula for h will be:
which is the option C in your question.