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Answer:
After 11 years the value of the investment reaches $1500.00
.
Step-by-step explanation:
The formula used for finding time (when the value reaches certain amount) is:
where A= Future VAlue
P= Principal Value
r= rate of interest (in decimal)
n= no of times investment is compounded
t= time
Putting the values given and finding Time t,
A= $1500
P= $1200
r= 2% or 0.02
n= 4 (compound quarterly)
Dividing both sides by 1200 and solving 0.02/4 = 0.005
Since t is in power we take the logarithm ln on both sides.
The rule of logarithm says that the exponent can be multiplied with the base when taking log
The length of AB is (x + 4) cm and the values of a and be are a = 10, b = 4
A rectangle is a quadrilateral in which opposite sides are equal and parallel to each other. The area of a rectangle is:
Area = length * width
From the image:
Length of AB = x + 4
Length of BC = x + 6
The area of rectangle ABCD = Length of AB * Length of BC
28 = (x + 4)(x + 6)
x² + 10x + 24 = 28
x² + 10x = 4
Comparing with x² + ax = b gives:
a = 10, b = 4
Therefore the length of AB is (x + 4) cm and the values of a and be are a = 10, b = 4
Find out more at: brainly.com/question/15019502
