The answer depends on what type of interest. If you are using compound interest, then the interest is different every year, as the amount you earn goes up because the amount you have in the bank goes up. Simple interest is the opposite, as you earn one amount each year, and it does not change.
So.....
Simple Interest:
0.12 * 150 = 18
18 * 8 = 144
144 + 150 = $294
Compound Interest:
150(1 + 0.12)^8
150 * 1.12^8
150 * 2.475 = $371
<em>90</em> and all of its multiples are.
Answer:
D. quadrant III
Step-by-step explanation:
The person would have to leave the money in the bank for 7.8 years for it to reach 13,500 dollars.
Step-by-step explanation:
Step 1; First we must calculate how much interest is generated for a single year. The annual interest rate is 4.5% i.e. 4.5% of 10,000 dollars which equals 0.045 × 10,000 = 450 dollars a year. As the years pass, more and more will be put into the account due to interest.
Step 2; For there to be 13,500 dollars in the bank account we need to calculate how much money is added due to interest.
The money needed to be added through interest = 13,500 - 10,000 = 3,500 dollars.
So we need to determine how long it will take for the bank to add 3,500 dollars by adding 450 dollars a year.
The number of years to reach 13,500 dollars = 
= 7.777 years. By rounding this value to the nearest tenth, we get 7.8 years.
Pythagoras Theorem is the way in which you can find the missing length of a right angled triangle.
The triangle has three sides, the hypotenuse (which is always the longest), Opposite (which doesn't touch the hypotenuse) and the adjacent (which is between the opposite and the hypotenuse).
Pythagoras is in the form of;
a<em><u /></em>²+b²=c²
However, it can also be written in the form of c²=a²+b²
In order to find the hypotenuse, you will have the length of two sides, for example, these could be 3 and 4.
As 'C' is always the hypotenuse, you have to work out the two other lengths, and you do this by squaring the numbers.
3²=9 and 4²=16.
As you're looking for C, you've got to add these together
9+16=25
As a²+b²=c², this means that the answer for C is the square root of 25.
√25= 5
Hope this has been able to help you :)
