Answer:
See below
Step-by-step explanation:
<em>Refer to attached</em>
<u>Using two of the points to determine the function:</u>
<u>Function is:</u>
<u>Finding m and b:</u>
<u>So the function is:</u>
<u>For x = 50, we get</u>
50 l diesel costs $2000
<u>Answer-</u>
<em>$2000</em><em> were invested at 5%</em>
<u>Solution-</u>
Let x amount of money was invested at 5% and (6000-x) amount was invested as 3%
We know that,
Putting the values,
And
According to the question,
Therefore, $2000 were invested at 5%
The amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.
<h3>What is compound interest?</h3>Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
a) The amount in the bank after 6 years if interest is compounded annually.
A= $6369
b) The amount in the bank after 6 years if interest is compounded quarterly.
A= $6090
c ) The amount in the bank after 6 years if interest is compounded monthly.
A=$6030
Hence the amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.
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