calculate the amount of money invested at 8.5% per annum when 2,488.80 simple interest was collected after three years. anyone
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<h2>Explanation:</h2>
In every rectangle, the two diagonals have the same length. If a quadrilateral's diagonals have the same length, that doesn't mean it has to be a rectangle, but if a parallelogram's diagonals have the same length, then it's definitely a rectangle.
So first of all, let's prove this is a parallelogram. The basic definition of a parallelogram is that it is a quadrilateral where both pairs of opposite sides are parallel.
So let's name the vertices as:
First pair of opposite sides:
<u>Slope:</u>
Second pair of opposite sides:
<u>Slope:</u>
So in fact this is a parallelogram. The other thing we need to prove is that the diagonals measure the same. Using distance formula:
So the diagonals measure the same, therefore this is a rectangle.