The first thing we must do is find the value of p.
For this, we use the following equality:
Substituting values we have:
Clearing the value of p we have:
Then, we look for the length of EB.
We know that:
Answer:
the length of line segment EB is:
65 units
-3 is greater than -31
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$100,700
Step-by-step explanation:
Given data
Principal= $38,000
rate= 8.25%
Time= 20 years
Applying the simple interest
A=P(1+rt)
substitute
A=38000(1+0.0825*20)
A=38000(1+1.65)
A=38000*(2.65)
A=$100,700
Hence in 20 years she will pay $100,700