Answer:
It is VERY important to use the attached formula.
Years = ln (Total / Principal) / rate
Years = ln (6,000 / 2,000) / rate
Years = ln (3) / rate
Years = 1.0986122887 / .015
Years = 73.24 years
This takes a LONG time because the interest rate is extremely low.
Step-by-step explanation:
Answer:
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Explanation:
Method 1
We can use the pythagorean theorem to find x.
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Method 2
Use the sine ratio to find x. You'll need a reference sheet or the unit circle, or simply memorize that sin(60) = sqrt(3)/2
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Method 3
Similar to the previous method, but we'll use tangent this time.
Use a reference sheet, unit circle, or memorize that tan(60) = sqrt(3)
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Method 4
This is a 30-60-90 triangle. In other words, the angles are 30 degrees, 60 degrees, and 90 degrees.
Because of this special type of triangle, we know that the long leg is exactly sqrt(3) times that of the short leg.
The short leg is always opposite the smallest angle (30 degrees).