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dalvyx [7]
3 years ago
10

If a $3,500 investment earns $210 over 3 years, what is the annual interest rate?

Mathematics
1 answer:
vodka [1.7K]3 years ago
7 0

Answer:

The annual rate of interest is 2 %  

Step-by-step explanation:

Given as :

The investment amount = $ 3,500

The Interest earn on investment = $ 210

The time period = 3  years

Let The annual interest rate = R

<u>From simple interest method : </u>

Simple Interest =  \frac{Princpal\times Rate\times Time}{100}

Or, 210 × 100 = 3500 × R × 3

Or, R = \frac{210\times 100}{3500\times 3}

Or, R = \frac{21000}{10500} = 2

Hence The annual rate of interest is 2 %   Answer

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Even function:

A function is said to be even if its graph is symmetric with respect to the , that is:

Odd function:

A function is said to be odd if its graph is symmetric with respect to the origin, that is:

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1. When  becomes  

1.1 Effects on the y-intercept

We need to find out the effects on the y-intercept when shifting the function  into:

We know that the graph  intersects the y-axis when , therefore:

So:

So the y-intercept of  is one unit less than the y-intercept of

1.2. Effects on the regions where the graph is increasing and decreasing

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1.3 The end behavior when the following changes are made.

The function is shifted one unit downward, so each point of  has the same x-coordinate but the output is one unit less than the output of . Thus, each point will be sketched as:

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2. When  becomes  

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In this case happens the same as in the previous case. The new y-intercept is one unit less. So the graph is shifted one unit downward again.

An example is shown in Figure 1. The graph in blue is the function:

and the function in red is:

So you can see that:

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The effects are the same just as in the previous case. So the new function increases and decreases in the same intervals of

In Figure 1 you can see that both functions increase at:

and decrease at:

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It happens the same, the output is one unit less than the output of . So, you can write the points just as they were written before.

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FOR EVEN FUNCTIONS:

3. When  becomes  

3.1 Effects on the y-intercept

We need to find out the effects on the y-intercept when shifting the function  into:

As we know, the graph  intersects the y-axis when , therefore:

And:

So the new y-intercept is the negative of the previous intercept shifted one unit upward.

3.2. Effects on the regions where the graph is increasing and decreasing

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3.3 The end behavior when the following changes are made.

Each point of the function  has the same x-coordinate just as the function  and the y-coordinate is the negative of the previous coordinate shifted one unit upward, that is:

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4. When  becomes  

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