Answer question 4. Please show work.
1 answer:
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Answer:
Interest earned at 3.9 percent rate is $31.2
Interest earned at 2 percent rate is $5.8
Step-by-step explanation:
A = P(1 + rt)
Where 'A' is the amount, 'r' is the rate and 't' is the time in years
When;
P = $1200
r = 3.9%
t = years
Then,
A = $1200(1 + 0.039())
A = $1200 + $31.2 = $1231.2
Interest = Amount - Principal
Interest earned at 3.9 percent rate is $1231.2 - $1200 = $31.2
When;
P = $580
r = 2%
t = years
Then,
A = $580(1 + 0.02())
A = $580 + $5.8 = $585.8
Interest earned = Amount - Principal
Interest earned at 2 percent rate = $585.8 - $580 = $5.8
well, first off, let's notice that we have a trapezoid with a rectangle inside it, so the rectangle is really "using up" area that the trapezoid already has.
now, if we just get the area of the trapezoid, and then the area of the rectangle alone, and then subtract that area of the rectangle, the rectangle will in effect be making a hole inside the trapezoid's area, and what's leftover, is the shaded section, that part the hole is not touching.