2 years ago

Please help me with this

Mathematics

1 answer:

timama [110]2 years ago

3 0

Answer:

choice 1

Step-by-step explanation:

angle 1 = angle 7 (exterior alternate angle)

angle 3=angle 5 (interior alternate angle)

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1400 dollars is placed in an account with an annual interest rate of 5.5%. to the nearest year, how long will it take for the ac

olga_2 [115]

It will take 19 years and 6 months for the account value to reach 2900 dollars

Step-by-step explanation:

Given

Principal amount = 1400 dollars

Rate = 5.5 %

Final value = A = 2900

We have to find t

So,

The formula for simple interest is:

$A = P(1+rt)$

Putting values

$2900 = 1400(1+0.055.t)\\\frac{2900}[1400} = 1+0.055t\\2.071 = 1+0.055t\\2.071-1=0.055t\\1.071 =0.055t$

Dividing both sides by 0.055

$\frac{0.055t}{0.055} = \frac{1.071}{0.055}\\t = 19.47\ years$

Rounding off to nearest tenth

19.5 years

Hence,

It will take 19 years and 6 months for the account value to reach 2900 dollars

Keywords: Interest, simple interest

Learn more about interest at:

#LearnwithBrainly

6 0

3 years ago

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Svetlanka [38]

Answer:

I dont wanna be wrong But if it was me i would go with B...BUUUUUT C could also be right

Step-by-step explanation:

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2 years ago

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Step-by-step explanation:

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2 years ago