If $42,000 is invested at 7% in a savings account for 8 years, what is the final amount monthly and continuously?
1 answer:
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Answer:
Length of rectangular strip = 12
area of rectangular strip = 2*12 = 24
Area of square = x^2 = 12^2 = 144
Step-by-step explanation:
Area of square x^2
area of rectangle is given by length * width
Length of rectangular strip = x
width of rectangular strip = 2
area of rectangular strip = length * width = 2*x = 2x
Area of square piece of paper when rectangular strip is taken away from it
= Area of square - area of rectangular strip
=
It is given that Area of square piece of paper when rectangular strip is taken away from it is 120 square units.
Thus,
Thus,
either x+10 = 0 or x -12= 0
x = -10 or x = 12
but length cannot be negative hence neglecting x = -10
hence value of x is 12.
Hence,
Length of rectangular strip = 12
area of rectangular strip = 2*12 = 24
Area of square = x^2 = 12^2 = 144