The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) = years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>
⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
149.30ft
Step-by-step explanation:
Since the vertical distance between the two tower = 40ft
The angle of elevation from the lower tower to te higher tower = 15°
The horizontal distance between the two towers = x
Assuming the angle of elevation and the distance between the two towers makes a right angle triangle, we can use SOHCAHTOA and determine which one would be suitable to find x.
Check attached document for better illustration of the triangle.
Tanθ = opposite / adjacent
Opposite = 40
θ = 15°
Adjacent = x
Tan15 = 40 / x
0.2679 = 40 / x
X = 40 / 0.2679
X = 149.30ft
The horizontal distance between the two towers is 149.30ft
