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Svetlanka [38]
3 years ago
6

Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?

Mathematics
1 answer:
s2008m [1.1K]3 years ago
3 0
Final amount that Kate wants to have (A) = $25000
Time for which the money needs to be invested (T) = 16 years
Rate of interest that Kate will get per year (R) = 6%
Let us assume the principal amount (P) = x
Then
A = P (1 + RT)
25000 = x[1 + {(6/100) * 16}]
25000 = x[1 +(96/100)]
25000 = x[196/100]
196x = 25000 * 100
x = 2500000/196
   = 12755.10 dollars
So the principal amount that needs to be invested is $12755.10.
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3 years ago
The perimeter of a rectangle is 30.8 km and it’s diagonal length is 11 km. Find it’s length and width
blsea [12.9K]

Answer:

Length of the rectangle is 15.0325 km and width is 0.3765 km.

Explanation:

Given:

Perimeter of a rectangle = 30.8 km

Length of diagonal of rectangle = 11 km

To find:

The length and width of rectangle=?

Solution:

Lets assume length of the rectangle = x km

And assume width of the rectangle = y km

Lets first create equation using given  perimeter

perimeter of rectangle = 2 ( length +  width )

=> 30.8 km = 2 ( x + y )  

=>x + y = \frac{30.8}{2}

=> y = 15.4 – x             ------(1)

As diagonal and two sides of rectangle forms right angle triangle whose hypoteneus is diagonal ,  

=> length^2 + width^2 = diagonal^2

=> x^2 + y^2 = 11^2

=> x^2 + y^2 = 121

On substituting value of y from (1) in above equation we get

=> x^2 + (15.4-x)^2 = 121

=>x^2 + (15.4)^2 + x^2 – 2 x 15.4 \times x   = 121

=> 2x^2-30.8x + 237.16 -121  = 0

=> 2x^2-30.8x + 116.16 = 0

Solving above quadratic equation using quadratic formula

General form of quadratic equation is  

ax^2 +bx +c = 0

And quadratic formula for getting roots of quadratic equation is  

x= \frac{ -b\pm\sqrt{(b^2-4ac)}}{2a}

As equation is 2x^2-30.8x + 116.16 = 0, in our case

a = 2 ,  b = -30.8 and c = 116.16

Calculating roots of the equation we get

x=\frac{ -(-30.8)\pm\sqrt{(-30.8)^2-4(2)( 11)} } {(2\times2)}

x=\frac{30.8\pm\sqrt{(948.64-88)}}{4}

x=\frac{30.8\pm\sqrt{860.64}}{4}

x=\frac{30.8\pm\sqrt{860.64}}{4}

x=\frac{(30.8\pm29.33)}4

x=\frac{(30.8+29.33)}{4}

x=\frac{(30.8-29.33)}{4}

=> x = 15.0325 or x = 0.3675

As generally length is longer one ,  

So x = 1.0325

From equation (1) y = 15.4 – x = 0.3765

Hence length of the rectangle is 15.0325 km and width is 0.3765 km.

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