At the beginning of year 1, Paolo invests $500 at an annual compound
1 answer:
Answer:
see below
Step-by-step explanation:
The way the problem is worded, we expect "n" to represent the year number we're at the beginning of. That is the initial balance is that when n=1, and the balance at the beginning of year 5 (after interest accrues for 4 years) is the value of obtained when n=5.
After compounding interest for 4 years, the balance will be ...
500·1.04^4 = 584.93
The matching answer choice is shown below.
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Answer:
21.38
Step-by-step explanation:
Find the diagram attached
In order to get PS, we need to get the length of QS first
According to triangle QRS;
QS =opposite
QR = 39(adjacent)
Using SOH CAH TOA
Tan theta = opp/adj
Tan 28 = QS/39
QS = 39tan28
QS = 39(0.5317)
QS = 20.74
Get PS
sin theta = QS/PS
sin 76 = 20.74/PS
PS = 20.74/sin76
PS = 20.74/0.9703
PS = 21.38
Hence the length of PS is 21.38
