How much would $600 invested at 8% interest compound continuously be worth after 3 years ?
1 answer:
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9514 1404 393
Answer:
26 square units
Step-by-step explanation:
Counting grid squares on the graph, we see that segment AB is the hypotenuse of a right triangle with legs 2 and 3. Its length is ...
AB = √(2²+3²) = √13
We can also see that the adjacent longer sides are twice this length, each being the hypotenuse of a triangle that is 6 wide and 4 high.
AC = √(6² +4²) = √52 = 2√13
Then the area is ...
A = LW
A = (2√13)(√13) = 2·13 = 26 . . . square units
