Which of the following is closest to the value of an investment account after 3 years if $8,000 is deposited
at 5% annual interest compounded annually?

G.)$9,261

answer

d. 10

explanation

the distance from point y to wx is the height of the triangle.

using pythagoras theorem,

group similar terms to get,

this implies that,

take positive square root of both sides to get,

this implies that,

step-by-step explanation:

let pq = qr = rs = x, and xz = y and zu = z.

if the horizontal lines are parallel, then corresponding segments are in proportion:

substitute:

therefore 3 = y = z.

xu = y + z → xu = 3 + 3 = 6