A person invests 6500 dollars in a bank. the bank pays 6.75% interest compounded semi-annually. to the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 15700 dollars? A = P(1+r/n)^nt

t=13.28382 ≈ 13.3 years

step-by-step explanation:

geometry: triangles

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call the larger triangle abc

then the smaller triangle cde is similar to abc (all angles are equal, aaa).  

ab is the side that is 36, and we wish to find de, the side corresponding to ab

area_cde = area_abc - area_cde --> area_abc / area_cde = 2

let x=length of de

ratio of areas = (ratio of sides)^2

+2+=+%2836%2fx%29%5e2+

+2+=+1296%2fx%5e2+

++x%5e2+=+1296%2f2+=+648+

25.45584