<span>f(x) = 2(0.75)^x
at x = 3
>> </span>f(3) = 2(0.75)^3
>> f(3) = <u>0.84375</u>
Answer:
The rate of interest is 20% and the sum is $3,750
Step-by-step explanation:
In order to calculate the sum and rate of interest we would have to make the following calculation:
rate of interest= (sum in 4 years-sum in 3 years)*100/sum in 3 years*1
According to the given data we have the following:
sum in 4 years=$7,776
sum in 3 years=$6,480
Therefore, sum in 4 years-sum in 3 years=$7,776-$6,480=$1,296
Therefore, rate of interest=$1,296*100/$6,480*1
rate of interest=20%
To calculate the sum we would have to make the following calculation:
FV=PV(1+20%)∧3
$6,480=PV(1,20)∧3
PV=$3,750
Sum is $3,750
The answer would be (-1,-6). Remember that the x-axis runs left to right and the y-axis runs up and down. Therefore, if you were to reflect it, just picture it being flipped over. If you go from (-1,+6) and you reflect it over the x-axis, both points are now in the bottom left quadrant where everything is negative. So, you get (-1,-6) The -1 doesn't change since it was already a -x value before and stayed in a negative area.