What would the value of X be on this one?
1 answer:
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Answer:
6%.
Step-by-step explanation:
We have been given that Tammy deposited $520 in the bank account that earns simple interest every year after 5 years she had earned $156.
To find the interest rate we will use simple interest formula.
I= Interest.
P= Principal amount.
r=Annual interest rate (in decimal form).
T= Time in years.
We have been given that I=156, T=5, P=520
Upon substituting our values in above formula we will get,
Let us multiply 0.06 by 100 to convert annual interest rate in percentage.
Therefore, the annual interest rate was 6%.
Answer:
length = 60 foot, width = 30 foot
Step-by-step explanation:
Area of rectangular part, A = 1800 ft²
Cost of fencing three sides is $ 6 per foot and cost of one side fencing is $18 per foot.
Let the length of the rectangle is l and the width of the rectangle is W.
Area = Length x width
A = L x W
1800 = L x W ...... (1)
Total cost of fencing, C = 6 x ( L + W + L) + 18 x W
C = 6 (2L + W) + 18 W
C = 12 L + 24 W
Substitute the value of W from equation (1), in equation (2)
Differentiate both sides with respect to L:
Put it equal to zero for maxima and minima
L = 60 foot
and W = 30 foot
So, the costing is minimum for length = 60 foot and the width = 30 foot.