Based on the information that's given, the account balance after the years given will be $27654.20.
The formula for simple interest is calculated as:
= PRT / 100
where,
Principal = $22825
Rate = 4.03%
Time = 5 years, 3 months = 5.25 years
Therefore, the simple interest will be:
= ($22825 × 4.03 × 5.25) / 100
= $4829.20
Therefore, the amount will be:
= $22825 + $4829.20
= $27654.20
Learn more about simple interest on:
brainly.com/question/25747402
Answer:
<u>α = 29°</u>
Step-by-step explanation:
<u>Given values</u>
- Opposite side = √15
- Adjacent side = 7
<u>Missing value</u>
<u>Solving</u> :
- tanα = √15/7
- α = tan⁻¹ (√15/7)
- α = 28.8107937
- <u>α = 29°</u> (closest value)
The interest would be $134.50