Paisley is going to invest $28,000 and leave it in an account for 14 years. Assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for Paisley to end up with $74,000?

r=7

Step-by-step explanation:

74000=28000(1+r/12)^12(14)

divide 74000 by 28000, and cancel out 28000.

1.00580=1+r/12

(100) .06962=r

r = 6.96198

the 6 after the 9 rounds 9 to 0, which rounds the 6 to 7

r=7

the answer is:

the lateral area is equal to

to find the lateral area of the square pyramid, first we need to find the perimeter of the base, and then, find the lateral area using the following formulas:

where,

s, is the base length

slant height, is the height of a the side of the pyramid

we are given:

now, calculating the perimeter of the base, we have:

then, calculating the lateral area:

hence, we have that the lateral area is equal to

have a nice day!