Answer:
$2500
Step-by-step explanation:
This is a simple interest problem. The formula is I = Prt, where I is the interest earned, P is the initial investment, r is the interest rate as a decimal, and t is the time in years. Filling in:
1600 = P(.08)(8) and
1600 = .64P so
2500 = P
(c)
By area of similar triangle theorem:
2
Substitute the given values into the expression
2 ( + ( )² ) + 5( )
= 2 ( + ) +
= 2 ( ) +
= +
=
= 2