Answer:
29.4 %
Step-by-step explanation:
The area of the sector is directly proportional to the angle subtending the arc.
Area of sector/area of circle = 106°/360° = 0.294
The area of the sector is 29.4 % the area of the circle, so
A point chosen at random will be in the shaded region 29.4 % of the time.
The value of the investment after 5 years will be $3309.48.
<h3>What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit or interest on interest plus interest.
In finance and economics, interest is the payment of an amount above the repayment of the principal sum by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by a borrower or depositor. It differs from a fee that the borrower may pay to the lender or a third party.
The value of the investment after 5 years will be,
![A = P[(1 + \dfrac{r}{100} )^{nt}]\\A = 2800[(1+0.034)^{5}](https://tex.z-dn.net/?f=A%20%3D%20P%5B%281%20%2B%20%5Cdfrac%7Br%7D%7B100%7D%20%29%5E%7Bnt%7D%5D%5C%5CA%20%3D%202800%5B%281%2B0.034%29%5E%7B5%7D)
A = $3309.48
Therefore, the value of the investment after 5 years will be $3309.48.
To know more about Compound interest follow
brainly.com/question/24924853
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The Simple Interest formula is I = Prt
I = ?
P = $264
r = 6% or 0.06
t = 2 years
I = 264(0.06)(2)
I = $31.68
Elsa borrowed $31.68 principal.
Answer:
80%
Step-by-step explanation: