Joshua has $4,200 to invest for college. If Joshua invests $4,200 for 3 years and earns $630, what is the simple interest rate? Joshua's goal is to have $5,000 after 4 years. Is this possible if he invests with a rate of return of 6%? Explain.

Yes it's possible for Joshua to meet his goal of having $5,000 after 4 years.

Step-by-step explanation:

From the question, Joshua has $4,200 to invest for college which he invests $4,200 for 3 years and earns $630.

Interest = (Principal × Rate × Time)/100

630 = (4200 × R × 3)/100

630 = 12600R/100

12600R = 630 × 100

12600R = 63000

Interest rate =63000/12600 = 5%

Joshua's goal is to have $5,000 after 4 years. Is this possible if he invests with a rate of return of 6%?

Interest = (Principal × Rate × Time)/100

Interest = (4200 × 6 × 4)/100

= 100800/100

= $1008

At the end of 4 years, Joshua will have:

= $4200 + $1008

= $5208

Yes it's possible.

answer: it depends on what the tax percentage

arc length = 6.63311 ft.

step-by-step explanation:

the formula the arc measure is:

arc length s=2πr(c)/360

where:

c   is the central angle of the arc in degrees

r   is the radius of the arc

π   is pi, approximately 3.142

using the above formula we get

s =

thus we find that arc length of an arc for a circle of radius 20 feet and central angle 19 degrees is

6.63311 feet