Answer:
Option B.) $8,123.79
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
x=28
Step-by-step explanation:
We can use similar triangles and proportions to solve this problem. Put the side of the small triangle over the same side of the larger triangle.
x 42
---------- = ----------
x+10 42+15
Simplify
x 42
---------- = ----------
x+10 57
Using cross products
57x = 42 (x+10)
Distribute
57x = 42x+420
Subtract 42x from each side
57x-42x = 42x-42x +420
15x = 420
Divide each side by 15
15x/15 = 420/15
x=28
Answer:
x = 9
Step-by-step explanation: