Mrs. Olga’s $250 investment earns 19% interest compounded annually. What will her balance be after 3 years?
2 answers:
You might be interested in
Consider the circle with center X, as shown in the figure.
Draw the diameter of the circle which is parallel to cherd AB, as shown in the figure.
Since the diameter and AB are parallel, then the line segment XC which bisects AB at C, will be perpendicular to AB.
SO triangle XCB is a right triangle. Thus the length of CX, by the Pythagorean theorem is
units.
Answer: 8 units
Draw the diameter of the circle which is parallel to cherd AB, as shown in the figure.
Since the diameter and AB are parallel, then the line segment XC which bisects AB at C, will be perpendicular to AB.
SO triangle XCB is a right triangle. Thus the length of CX, by the Pythagorean theorem is
Answer: 8 units