Answer:
Below.
Step-by-step explanation:
The area = the height (h) times the base.
So Q2:
21 = h * 7
h = 21/7 = 3
55 = b * 5
b = 11.
18.75 = h * 7.5
h = 18.75 / 7.5
= 2.5.
700 x .03 x 20 = 420
420 + 700
1120 is in the account after 20 years
Answer:
355
Step-by-step explanation:
Answer: B. −9
Step-by-step explanation: -7--(-2)
−7+−2
−9
$7881.18
Step-by-step explanation:
Let the initial Investment be
. The Interest is compounded on a monthly basis at 12% annual interest rate. After 17 years, the Investment amounts to $60,000.
As the annual interest rate is 12%, the monthly interest rate is 1%.
Since this is a compound interest problem, the total amount can be modeled as follows: 
Here
is the interest rate, i.e
, and t is the number of time periods, i.e
= 


∴ Initial Investment = $7881.18