2 years ago

What is the area of an equilateral triangle with sides of length 20?

Mathematics

1 answer:

Anarel [89]2 years ago

6 0

Answer:

173.2

Step-by-step explanation:

area of equilateral triangle = √3 / 4 l^2

so area =173.2

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Shawna invests $5,048 in a savings account with a fixed annual interest rate of 4% compounded 12 times per year. How long will i

Elena-2011 [213]

Answer:

5 years

Step-by-step explanation:

In the question we are given;

Amount invested or principal amount as $5048
Rate of interest as 4% compounded 12 times per year
Amount accrued as $6,163.59

We are required to determine the time taken for the money invested to accrue to the given amount;

Using compound interest formula;

$A=P(1+\frac{r}{100})^n$

where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)

Therefore;

$6,163.59=5,048(1+\frac{0.333}{100})^n$

$1.221=(1+\frac{0.333}{100})^n$

$1.221=(1.0033)^n$

introducing logarithms on both sides;

$log1.221=log(1.0033)^n\\n=\frac{log1.221}{log1.0033} \\n=60.61$

But, 1 year = 12 interest periods

Therefore;

Number of years = 60.61 ÷ 12

= 5.0508

= 5 years

Therefore, it will take 5 years for the invested amount to accrue to $6163.59

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