The true statement is the circle has the radius equal to 7.
<h3>What is Equation of circle?</h3>
The general equation for a circle is (x-h)² + (y-k)² = r², where ( h, k ) is the center and r is the radius.
As, standard form of equation of circle is
(x-h)² + (y-k)² = r²
At origin, equation of circle will be
(0-h)² + (0-k)² = r²
r² = x² + y²
Now, The line intersects the circle at (0,7)
r² = 0² + 7²
r² =49
r=7.
Hence, the circle has the radius equal to 7.
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6 percent intrest per year for 5 years I think is the same as 30 percent for 5 years
so $15,000 x .3 is $4500
$15,000 + $4500 = $19,500
not 100 percent sure if this is correct but I think its right. Sorry if im wrong.
Hey any chance you remember the work answer for the problem? I have the same question also!
