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3 years ago

Please ASAP. Find the value of x?

Mathematics

2 answers:

Evgesh-ka [11]3 years ago

6 0

Answer:

x = 14

Step-by-step explanation:

Since it's a parallelogram that means x+3= 17.

Subtract 17 by 3 to get x alone that will give you x = 14

shutvik [7]3 years ago

6 0

Answer:

x = 14

Step-by-step explanation:

This quadrilateral is a parallelogram. Due to this, opposite sides are congruent. One side is 17, that means the opposite side is 17. We can write this as the equation

x + 3 = 17.

If we subtract 3 from both sides, we isolate the variable x.

x = 14.

Therefore, x = 14

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A bank made a farmer loan of $1,000 at 14% for 3 years compounded annually. Find the future value and the compound interest paid

Anna11 [10]

Answer:

Principal = $1,000

Rate of interest = 14% = 0.14

Time = 3 years

$A= P(1+r)^t$

A = Amount or future value

P = Principal

r = rate of interest in decimals

t = time

Substitute the values in the formula

$A= 1000(1+0.14)^3$

$A=1481.544$

Future Value is $1481.544

Compound interest = Amount - Principal = $1481.544- $1000 = $481.544

Formula of simple interest : $SI =\frac{P \times R \times T}{100}$

Substitute the values :

$SI =\frac{1000 \times 14 \times 3}{100}$

$SI =420$

So, Simple interest = $420

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= $481.544- $420

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So, Compound Interest is $61.544 more than simple interest.

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