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2 years ago

12

You have a principal balance in your savings account of $1200. After 1 year, you earn $24 of interest. What is the interest rate

?

1 answer:

Nikitich [7]2 years ago

8 0

1200x=24
x=24/1200
x=.02
So the answer is 2%

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This is one pathway to prove the identity.

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$\frac{\sin(\theta)}{1-\cos(\theta)}-\frac{1}{\tan(\theta)} = \frac{1}{\sin(\theta)}\\\\\frac{\sin(\theta)}{1-\cos(\theta)}-\cot(\theta) = \frac{1}{\sin(\theta)}\\\\\frac{\sin(\theta)}{1-\cos(\theta)}-\frac{\cos(\theta)}{\sin(\theta)} = \frac{1}{\sin(\theta)}\\\\\frac{\sin(\theta)*\sin(\theta)}{\sin(\theta)(1-\cos(\theta))}-\frac{\cos(\theta)(1-\cos(\theta))}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\$

Part 2

$\frac{\sin^2(\theta)}{\sin(\theta)(1-\cos(\theta))}-\frac{\cos(\theta)-\cos^2(\theta)}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\\frac{\sin^2(\theta)-(\cos(\theta)-\cos^2(\theta))}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\\frac{\sin^2(\theta)-\cos(\theta)+\cos^2(\theta)}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\$

Part 3

$\frac{\sin^2(\theta)+\cos^2(\theta)-\cos(\theta)}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\\frac{1-\cos(\theta)}{\sin(\theta)(1-\cos(\theta))} = \frac{1}{\sin(\theta)}\\\\\frac{1}{\sin(\theta)} = \frac{1}{\sin(\theta)} \ \ {\checkmark}\\\\$

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We use other previously established or proven trig identities to work through the steps. For example, I used the pythagorean identity $\sin^2(\theta)+\cos^2(\theta) = 1$ in the second to last step. I broke the steps into three parts to hopefully make it more manageable.

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