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Answer:
The balance of account at the end of 36 years is $31,849.29
Step-by-step explanation:
We are given the following in the question:
P = $3,300
r = 6.5% = 0.065
t = 36 years
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years and n is the nature of compound interest.
Since interest is compounded annualy we use n = 1
Thus, balance of account at the end of 36 years is $31,849.29
Answer:
- The longest side, which is the opposite side of a right angle is the hypotenuse ( h ).
- The opposite is the side opposite the angle involved and it is called the Perpendicular ( p ) .
- The adjacent is the side next to the angle involved ( but not the hypotenuse ) and it is called the base ( b )
- Here , Perpendicular ( p ) = 6 , hypotenuse = y and now we're going to find the value of y first : We know :
- Here - Perpendicular ( p ) = x , hypotenuse = y = 4 √ 3 and Now , we're gonna find the value of x :
- And we're done! Hope I helped! Let me know if you have any questions regarding my answer and also notify me , if you need any other help ! :)
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