Find the value of x. please. If your answer is not an integer, write it in simplest radical form with the denominator rationaliz
ed.
1 answer:
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Answer:
Young boy will grow to height 132 cm in 12 months.
Step-by-step explanation:
Given:
Growing rate = 3.5 cm per month
Current height = 90 cm
Let the number of months be x
Required height = 132 cm
We need to find the number of months required to grow the height till 132 cm.
Hence Number of months required can be calculate by subtracting Required height with Current height and then dividing it with growing rate.
Framing the above statement in equation form we get;
Hence Young boy will grow to height 132 cm in 12 months.
Invested amount (P) = $300.
Time in years (t) = 2 years.
Balance after 2 years (A) = $329.49.
Let us assume rate of interest = r % compounds annually.
We know, formula for compound interest
Plugging values in formula, we get
Taking square root on both sides, we get
r=0.048.
Converting it into percentage by multiplying by 100.
r=0.048 × 100
r = 4.8 %
Therefore, the rate of interest on the account is 4.8% compounds annually.