Answer:
13.4%
Step-by-step explanation:
First year:
$10,000*6% = $600
New balance = $10,600
Second Year:
$10,600*7% = $742
$10,600+ $742 = $11,342
Total Return:
Final Balance - Initial balance
$11,342 - $10,000 = $1,342
$10,000*x ÷ $1,342
x = $1,342/$10,000
x = 0.1342
0.134 = 13.4%
Answer: $585.60
Step-by-step explanation:
The number of years that would have passed is;
= 2016 - 1626
= 390 years
Using simple interest, the investment will be worth;
= Principal * ( 1 + rate * number of years)
= 24 * (1 + 0.06* 390)
= $585.60
<em>your answer is</em> <u><em>1st quadrant!</em></u>
<u><em>-----------------------------------------</em></u>
<em>Have a good day <3</em>
If the two diagonals are 
and 
, the are of the rhombus is
So, in your case, the area is
The other options are wrong because:
- option A doens't divide by 2, thus getting twice the area of the rhombus
- option B summed the diagonals instead of multiplying them
- option D took the difference of the diagonals.
