Can someone help me with this
1 answer:
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Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, lets change 2.6% into a decimal:
2.6% -> -> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
The terminal side means that it's 16 to the right and 12 up. Which means that the triangle made from this has the sides of 16 and 12 and the hypotenuse is 20 units long. Theta, in this case, would have 16 as it's adjacent and 12 as it's opposite.
Therefore, using the Pythagorean identities:
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Therefore, using the Pythagorean identities:
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