Margarito opened a savings account with a $500 deposit and a simple interest rate of 5.6%. if there are no deposits or withdrawals, how much money is in the account after 8 1/2 years.?

To find the amount of money in the account after 8.5 years we will first turn 5.6% into a decimal. We'll do that by moving the decimal within the percentage two places to the left. That leaves us with 0.056.

Next, we'll multiply our factors to help us find out how much interest will be accrued within the 8.5 years.

500 x 0.056 x 8.5 = 238.

Margarito will earn $238 within an 8.5 year time frame.

Since her original deposit was $500 and assuming no other deposits/withdrawls occur within the time frame, we will add $238 of interest to the original deposit.

500 + 238 = 738.

This means, that Margarito will have $738 in her savings account after 8.5 years of just accruing interest.

step-by-step explanation :

we know that

the measurement of the outer angle is the semi-difference of the arcs which comprises

in this problem

m< xzy is the outer angle

substitute the values

the measure of angle xoy is equal to

> by central angle

substitute the value

sas (side angle side)

aa(angle angle)

sss(side side side)

sas you have to find two sides with an angle in between

aa you find two angles because it will always add up to 180

sss find all sides

step-by-step explanation: