How long must $780 be invested at an annual rate of 2.25% in order to earn $35.10 in interest?
2 answers:
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Answer:
x = 41.2
Step-by-step explanation:
Assuming the dotted line at the top is parallel to the segment with length x, it follows from the alternate interior angles theorem that the interior angle of the triangle (marked in diagram) is also 27º.
Using SOH-CAH-TOA, we get that tan(27º) = 21/x, so x = 21/tan(27º), which is approximately equal to 41.2.
