How much money will be in a bank account after 4 years if $8 is deposited at an interest rate of 5%? a.
$12.00
c.
$16.00
b.
$10.41
d.
$9.72

$9.60

Step-by-step explanation:

The question above is a simple interest question.

The formula for the amount of money after a given period of time using simple interest is given as:

A = P(1 + rt)

Where

P = Initial Amount saved or invested = $8

R = Interest rate = 5%

t = Time in years = 4

Calculation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year.

Solving our equation:

A = 8(1 + (0.05 × 4)) = 9.6

A = $9.60

The amount of money that will be in a bank account after 4 years is $9.60

answer:  

step-by-step explanation:

here x represents the height of the pole,

and, the height of the shadow of the pole is 12 feet.

also, the angle of elevation from the top of the pole is 40°,

therefore,

by the low of sine,

which is the required equation for finding the value of x,