Answer:
Amount of loan pay = $6.840 (Approx.)
Step-by-step explanation:
Given:
Amount of loan borrow = $4,500
Rate of interest = 15% = 0.15
Number of year = 3 year
Find:
Amount of loan pay
Computation:
Future value = Present value[1+r]ⁿ
Amount of loan pay = Amount of loan borrow[1+r]ⁿ
Amount of loan pay = 4,500[1+0.15]³
Amount of loan pay = 4,500[1.15]³
Amount of loan pay = 4,500[1.52]
Amount of loan pay = $6.840 (Approx.)
Answer:
Please find attached the graph of the following function;

Step-by-step explanation:
We note that the function is linear from x = 2 to just before x = 0
The linear relationship of the function f(x) with x changes just before x = 0
At x = 0, the value of f(x) is indicated as 1
From just after x = 0, the function is a straight horizontal line y = 3
The function also changes value immediately after x = 0 to the line y = 3
The areas where the function is defined are shown in continuous lines
Same!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!