The amount after 2 years is $2,295.
Given that,
- The invested amount is $1,240.
- The rate of interest is 8%.
- The number of years is 2 × 4 = 8
Based on the above information, the amount after 2 years is
Future value = Present value ×(1 + rate of interest)^number of years
= $1,240 × (1 + 0.08)^8
= $1,240 × 1.08^8
= $2,295
Therefore we can conclude that the amount after 2 years is $2,295.
Learn more: brainly.com/question/18051939
Answer:
E
Step-by-step explanation:
Answer:
15
Step-by-step explanation:
Applying,
The angle bisector theorem of triangle
From the diagram,
Since ΔAMT is an issoceless triangle,
Then,
Line OA divides Line MT into two equal parts.
Therefore,
Line MO = Line OT.............. Equation 1
From the diagram,
Line MO = 4x-1, Line OT = 3x+3
Substitute into equation 1
4x-1 = 3x+3
Collect like terms
4x-3x = 3+1
x = 4.
Therefore,
OT = 3(4)+3
OT = 12+3
OT = 15
<em>your answer is</em> <u><em>1st quadrant!</em></u>
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<em>Have a good day <3</em>
