The total amount accrued, principal plus interest, with compound interest on a principal of $3,000.00 at a rate of 6% per year compounded 1 times per year over 3 years is $3,573.05.
<h3>Compound Interest</h3>
Given Data
A = P + I where
P (principal) = $3,000.00
I (interest) = $573.05
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 rate per year,
Then solve the equation for A
A = P(1 + r/n)^nt
A = 3,000.00(1 + 0.06/1)^(1)(3)
A = 3,000.00(1 + 0.06)^(3)
A = $3,573.05
Learn more about compound interest here:
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Answer:
b) angles 1 and 4 are congruent.
Hope it helps!
Answer:
The answer is C.
Step-by-step explanation:
The first line's slope is 2x and it y-intercept is 4. The second line's slope is simple 1x or just x (they are both the same).
C(a,b), because the x-coordinate( first coordinate) is a (seeing as it is situated directly above point B, which also has an x-coordinate of a) and the y-coordinate ( second coordinate) is b (seeing as it is situated on the same horizontal level as point D, which also has a y-coordinate of b)
the length of AC can be calculated with the theorem of Pythagoras:
length AB = a - 0 = a
length BC = b - 0 = b
seeing as the length of AC is the longest, it can be calculated by the following formula:
It is called "Pythagoras' Theorem" and can be written in one short equation:
a^2 + b^2 = c^2 (^ means to the power of by the way)
in this case, A and B are lengths AB and BC, so lenght AC can be calculated as the following:
a^2 + b^2 = (length AC)^2
length AC = √(a^2 + b^2)
Extra information: Seeing as the shape of the drawn lines is a rectangle, lines AC and BD have to be the same length, so BD is also √(a^2 + b^2). But that is also stated in the assignment!