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Answer:
$92.92
Step-by-step explanation:
$72.60 * 20% = 14.53
$72.60 + 8%= $78.40
$78.40 + $14.52 = $92.93
The interest rate will be equal to 24% in 2 years.
<h3>What is compound interest?</h3>
Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
Given that:-
- Find the interest rate if $32 increased to $50 in 2 years.
The interest rate will be calculated by using the following formula:-
![A = P[1+\dfrac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%20%3D%20P%5B1%2B%5Cdfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
![50=32[1+\dfrac{r}{1}]^{2}](https://tex.z-dn.net/?f=50%3D32%5B1%2B%5Cdfrac%7Br%7D%7B1%7D%5D%5E%7B2%7D)

1.56 = ( 1 + r )²
√1.56 = ( 1 + r )
r = 1.24 - 1
r = 0.24
r = 24%
Therefore interest rate will be equal to 24% in 2 years.
To know more about Compound interest follow
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Answer:
24 square units
Step-by-step explanation:
The triangle is a right triangle with legs 6 and 8. Its area is ...
A = 1/2bh = 1/2(6)(8) = 24 . . . . square units
_____
<em>Additional comment</em>
The equation for a line in <em>intercept form</em> is ...
x/a + y/b = 1
where 'a' and 'b' are the x- and y-intercepts, respectively. If we divide the given equation by 2, we get ...
x/6 +y/8 = 1
showing us that the x- and y-intercepts are 6 and 8. This is also clear on the graph.
Answer:
BC=1
Step-by-step explanation: